Sunday, December 22, 2024

Weekly Gas Storage: Inventories decrease by 3 Bcf

Natural Gas Inventories as of November 15, 2024

The EIA has released its natural gas inventory report, showing a net decrease of 3 Bcf as of November 15, 2024.

Working gas in storage was 3,969 Bcf as of Friday, November 15, 2024, according to EIA estimates. This represents a net decrease of 3 Bcf from the previous week. Stocks were 141 Bcf higher than last year at this time and 239 Bcf above the five-year average of 3,750 Bcf.

At 3,969 Bcf, total working gas is within the five-year historical range.

 

Working gas in underground storage, Lower 48 states
Historical Comparisons
Stocks
billion cubic feet (Bcf)
Year ago
(11/15/23)
5-year average
(2019-23)
Region 11/15/24
11/08/24
net change implied flow Bcf % change Bcf % change
East 931 943 -12 -12 922 1.0 909 2.4
Midwest 1,140 1,141 -1 -1 1,117 2.1 1,094 4.2
Mountain 293 291 2 2 255 14.9 224 30.8
Pacific 313 312 1 1 295 6.1 281 11.4
South Central 1,291 1,285 6 6 1,239 4.2 1,223 5.6
   Salt 347 346 1 1 331 4.8 328 5.8
   Nonsalt 944 939 5 5 908 4.0 896 5.4
Total 3,969 3,972 -3 -3 3,828 3.7
3,730 6.4
Totals may not equal sum of components because of independent rounding.

All regions, except for the East and Midwest regions, experienced a net increase.

All regions are above the five-year average.

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