Saturday, December 28, 2024

Weekly Gas Storage: Inventories decrease by 117 Bcf

Natural Gas Inventories as of December 1, 2023

The EIA has released its natural gas inventory report, showing a net decrease of 117 Bcf as of December 1, 2023.

Working gas in storage was 3,719 Bcf as of Friday, December 1, 2023, according to EIA estimates. This represents a net decrease of 117 Bcf from the previous week. Stocks were 254 Bcf higher than last year at this time and 234 Bcf above the five-year average of 3,485 Bcf.

At 3,719 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
(12/01/22)
5-year average
(2018-22)
Region 12/01/23
11/24/23 net change implied flow Bcf % change Bcf % change
East 876 915 -39 -39 835 4.9 848 3.3
Midwest 1,082 1,111 -29 -29 1,030 5.0 1,021 6.0
Mountain 245 252 -7 -7 194 26.3 200 22.5
Pacific 289 298 -9 -9 218 32.6 266 8.6
South Central 1,228 1,260 -32 -32 1,190 3.2 1,150 6.8
   Salt 334 343 -9 -9 325 2.8 320 4.4
   Nonsalt 894 917 -23 -23 864 3.5 829 7.8
Total 3,719 3,836 -117 -117 3,465 7.3
3,485 6.7
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 decrease.

All regions are above the five-year average.

 

 

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