Natural Gas Inventories as of May 3, 2024
The EIA has released its natural gas inventory report, showing a net increase of 79 Bcf as of May 3, 2024.
Working gas in storage was 2,563 Bcf as of Friday, May 3, 2024, according to EIA estimates. This represents a net increase of 79 Bcf from the previous week. Stocks were 444 Bcf higher than last year at this time and 640 Bcf above the five-year average of 1,923 Bcf.
At 2,563 Bcf, total working gas is within the five-year historical range.
Working gas in underground storage, Lower 48 states | |||||||||||||||||||||||||
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Historical Comparisons | |||||||||||||||||||||||||
Stocks billion cubic feet (Bcf) |
Year ago (5/03/23) |
5-year average (2018-22) |
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Region | 5/03/24 |
4/26/24 |
net change | implied flow | Bcf | % change | Bcf | % change | |||||||||||||||||
East | 454 | 425 | 29 | 29 | 419 | 8.4 | 351 | 29.3 | |||||||||||||||||
Midwest | 584 | 564 | 20 | 20 | 492 | 18.7 | 424 | 37.7 | |||||||||||||||||
Mountain | 191 | 182 | 9 | 9 | 101 | 89.1 | 103 | 85.4 | |||||||||||||||||
Pacific | 246 | 240 | 6 | 6 | 110 | 123.6 | 182 | 35.2 | |||||||||||||||||
South Central | 1,087 | 1,073 | 14 | 14 | 995 | 9.2 | 862 | 26.1 | |||||||||||||||||
Salt | 314 | 314 | 0 | 0 | 284 | 10.6 | 271 | 15.9 | |||||||||||||||||
Nonsalt | 773 | 759 | 14 | 14 | 710 | 8.9 | 591 | 30.8 | |||||||||||||||||
Total | 2,563 | 2,494 | 79 | 79 | 2,119 | 21.0 |
1,923 | 33.3 | |||||||||||||||||
Totals may not equal sum of components because of independent rounding. |
All regions experienced a net increase, except for Central Nonsalt which had no change.
All regions are above the five-year average..