FLAGSTAFF, ARIZ. • Federal officials say it may be necessary to reduce water deliveries to users on the Colorado River to prevent the shutdown of a huge dam that supplies hydropower to some 5 million customers across the U.S. West. Officials had hoped snowmelt would buoy Lake Powell on the Arizona-Utah border to ensure its…

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Summary Working gas in storage was 1,382 Bcf as of Friday, April 1, 2022, according to EIA estimates. This represents a net decrease of 33 Bcf from the previous week. Stocks were 399 Bcf less than last year at this time and 285 Bcf below the five-year average of 1,667 Bcf. At 1,382 Bcf, total…

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     U.S. crude oil refinery inputs averaged 15.9 million barrels per day during the week ending April 1, 2022 which was 35,000 barrels per day more than the previous week’s average. Refineries operated at 92.5% of their operable capacity last week. Gasoline production increased last week, averaging 9.1 million barrels per day. Distillate fuel…

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