Tuesday, November 5, 2024

Weekly Gas Storage: Inventories increase by 74 Bcf

Natural Gas Inventories as of October 20, 2023

The EIA has released its natural gas inventory report, showing a net increase of 74 Bcf as of October 20, 2023.

Working gas in storage was 3,700 Bcf as of Friday, October 20, 2023, according to EIA estimates. This represents a net increase of 74 Bcf from the previous week. Stocks were 313 Bcf higher than last year at this time and 183 Bcf above the five-year average of 3,451 Bcf.

At 3,700 Bcf, total working gas is within the five-year historical range.

 

Weekly Gas Storage: Inventories decrease by 74 Bcf- oil and gas 360
Oil and Gas 360

 

Working gas in underground storage, Lower 48 states
Historical Comparisons
Stocks
billion cubic feet (Bcf)
Year ago
(10/20/22)
5-year average
(2018-22)
Region 10/20/23
10/13/23 net change implied flow Bcf % change Bcf % change
East 908 896 12 12 823 10.3 872 4.1
Midwest 1,075 1,050 25 25 1,004 7.1 1,035 3.9
Mountain 252 248 4 4 198 27.3 208 21.2
Pacific 283 280 3 3 248 14.1 277 2.2
South Central 1,182 1,152 30 30 1,114 6.1 1,124 5.2
   Salt 299 285 14 14 276 8.3 286 4.5
   Nonsalt 883 868 15 15 837 5.5 838 5.4
Total 3,700 3,626 74 74 3,387 9.2
3,517 5.2
Totals may not equal sum of components because of independent rounding.

Totals may not equal sum of components because of independent rounding.

All regions experienced a net increase.

All regions are above the five-year average.

 

 

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