Saturday, December 28, 2024

Weekly Gas Storage: Inventories increase by 10 Bcf

Natural Gas Inventories as of November 24, 2023

The EIA has released its natural gas inventory report, showing a net increase of 10 Bcf as of November 24, 2023.

Working gas in storage was 3,836 Bcf as of Friday, November 24, 2023, according to EIA estimates. This represents a net increase of 10 Bcf from the previous week. Stocks were 341 Bcf higher than last year at this time and 303 Bcf above the five-year average of 3,533 Bcf.

At 3,836 Bcf, total working gas is within the five-year historical range.

 

Weekly Gas Storage: Inventories increase by 10 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
(11/24/22)
5-year average
(2018-22)
Region 11/24/23
11/17/23 net change implied flow Bcf % change Bcf % change
East 915 918 -3 -3 844 8.4 864 5.9
Midwest 1,111 1,118 -7 -7 1,043 6.5 1,041 6.7
Mountain 252 255 -3 -3 198 27.3 204 23.5
Pacific 298 296 2 2 227 31.3 271 10.0
South Central 1,260 1,240 20 20 1,184 6.4 1,155 9.1
   Salt 343 331 12 12 315 8.9 316 8.5
   Nonsalt 917 909 8 8 869 5.5 839 9.3
Total 3,836 3,826 10 10 3,495 9.8
3,533 8.6
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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