Sunday, October 6, 2024

Weekly Gas Storage: Inventories increase by 64 Bcf

Natural Gas Inventories as of November 11, 2022

The EIA has released its natural gas inventory report, showing a net increase of 64 Bcf as of November 11, 2022.

Working gas in storage was 3,644 Bcf as of Friday, November 11, 2022, according to EIA estimates. This represents a net increase of 64 Bcf from the previous week. Stocks were 4 Bcf higher than last year at this time and 7 Bcf below the five-year average of 3,651Bcf.

At 3,644 Bcf, total working gas is within the five-year historical range.

 

Weekly Gas Storage: Inventories increase by 64 Bcf- oil and gas 360
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Working gas in underground storage, Lower 48 states
Historical Comparisons
Stocks
billion cubic feet (Bcf)
Year ago
(11/11/21)
5-year average
(2017-21)
Region 11/11/22 11/04/22 net change implied flow Bcf % change Bcf % change
East 882 865 17 17 900 -2.0 902 -2.2
Midwest 1,084 1,068 16 16 1,078 0.6 1,078 0.6
Mountain 208 208 0 0 212 -1.9 212 -1.9
Pacific 241 247 -6 -6 261 -7.7 290 -16.9
South Central 1,228 1,193 35 35 1,189 3.3 1,169 5.0
   Salt 327 311 16 16 330 -0.9 318 2.8
   Nonsalt 901 882 19 19 859 4.9 851 5.9
Total 3,644 3,580 64 64 3,640 0.1
3,651 -0.2
Totals may not equal sum of components because of independent rounding.

All regions, except for the Pacific region, experienced a net increase.

All regions, except for East, Mountain and Pacific regions are above the five-year average.

 

 

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