The natural gas storage report from the EIA for the week ending March 5th indicated that the amount of natural gas held in underground storage in the US fell by 52 billion cubic feet to 1,793 billion cubic feet by the end of the week, which left our gas supplies 257 billion cubic feet, or 12.5% below the 2,050 billion cubic feet that were in storage on March 5th of last year, and 141 billion cubic feet, or 7.3% below the five-year average of 1,934 billion cubic feet of natural gas that have been in storage as of the 5th of March in recent years..the 52 billion cubic feet that were drawn out of US natural gas storage this week was less than the average forecast of a 65 billion cubic foot withdrawal from an S&P Global Platts survey of analysts, and was also less than 72 billion cubic foot withdrawal from natural gas storage seen during the corresponding week of a year earlier, and less than the average withdrawal of 89 billion cubic feet of natural gas that have been pulled out of nat
Some Michigan propane suppliers switching to rail cars in anticipation of Line 5 closure
Updated Mar 12, 2021;
Posted Mar 12, 2021
The Enbridge Mackinaw Station, where Line 5 emerges from underneath the Straits of Mackinac near Mackinaw City, on Wednesday, Sept. 23, 2015.The Grand Rapids Press
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Propane suppliers reliant on Enbridge’s Line 5 are transitioning to railroad cars to get their products in anticipation of the oil pipeline shutting down in May.
Several suppliers in Michigan began exploring alternatives when Gov. Gretchen Whitmer announced the end of an easement that allows the controversial 67-year-old pipeline to run beneath the Straits of Mackinac. From Superior, Wisconsin, Line 5 runs east to the Upper Peninsula then southeast to a Rapid River township refinery, near Escanaba, where natural gas liquids from Line 5 are stripped for propane.