Thursday, December 19, 2024

Weekly Gas Storage: Inventories decrease by 125 Bcf

Natural Gas Inventories as of December 13, 2024

The EIA has released its natural gas inventory report, showing a net decrease of 125 Bcf as of December 13, 2024.

Working gas in storage was 3,622 Bcf as of Friday, December 13, 2024, according to EIA estimates. This represents a net decrease of 125 Bcf from the previous week. Stocks were 20 Bcf higher than last year at this time and 132 Bcf above the five-year average of 3,490 Bcf.

At 3,622 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
(12/13/23)
5-year average
(2019-23)
Region 12/13/24
12/06/24
net change implied flow Bcf % change Bcf % change
East 822 856 -34 -34 841 -2.3 833 -1.3
Midwest 1,007 1,055 -48 -48 1,031 -2.3 1,002 0.5
Mountain 274 282 -8 -8 238 15.1 204 34.3
Pacific 296 302 -6 -6 285 3.9 262 13.0
South Central 1,222 1,251 -29 -29 1,208 1.2 1,189 2.8
   Salt 338 340 -2 -2 332 1.8 333 1.5
   Nonsalt 884 911 -27 -27 875 1.0 856 3.3
Total 3,622 3,947 -125 -125 3,602 0.6
3,490 3.8
Totals may not equal sum of components because of independent rounding.

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

All regions are above the five-year average.

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