The nation's natural gas supplies rose last week, the government said Thursday.
The Energy Department's Energy Information Administration reported that natural gas in storage grew by 47 billion cubic feet to 2.548 trillion cubic feet for the week ended April 20.
Analysts expected a rise of 44 billion to 47 billion cubic feet, according to a survey by Platts, the energy information arm of McGraw-Hill Cos.
The inventory level was 55.4 percent above the five-year average of 1.640 trillion cubic feet, and 52 percent above last year's level of 1.676 trillion cubic feet, according to the government data.
Natural gas futures rose 4 cents, or 2.1 percent, to $2.11 per 1,000 cubic feet in New York.
Analysis: Governors Soar, Rubio Stumbles Early On in Crucial New Hampshire Debate
A Dividend ETF That Could Help Recover Your Losses
Ruling In "Assault Weapons" Case Could Gut Gun Control Nationwide
Political Arrogance | Human Events
Winners and Losers from Tonight's ABC Debate | RedState
Yahoo editor 'pretty sure' Rubio wrong about Roe v. Wade
Throwing rocks in the Granite State