Saturday, December 28, 2024

Weekly Gas Storage: Inventories decrease by 87 Bcf

Natural Gas Inventories as of December 15, 2023

The EIA has released its natural gas inventory report, showing a net decrease of 87 Bcf as of December 15, 2023.

Working gas in storage was 3,577 Bcf as of Friday, December 15, 2023, according to EIA estimates. This represents a net decrease of 87 Bcf from the previous week. Stocks were 240Bcf higher than last year at this time and 280 Bcf above the five-year average of 3,297Bcf.

At 3,577 Bcf, total working gas is within the five-year historical range.

 

Weekly Gas Storage: Inventories decrease by 87 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
(12/15/22)
5-year average
(2018-22)
Region 12/15/23
12/08/23 net change implied flow Bcf % change Bcf % change
East 834 857 -23 -23 794 5.0 796 4.8
Midwest 1,021 1,055 -34 -34 978 4.4 955 6.9
Mountain 236 243 -7 -7 179 31.8 185 27.6
Pacific 283 289 -6 -6 188 50.5 247 14.6
South Central 1,203 1,219 -16 -16 1,199 0.3 1,114 8.0
   Salt 331 336 -5 -5 340 -2.6 3111 3.8
   Nonsalt 872 883 -11 -11 859 1.5 795 9.7
Total 3,577 3,664 -87 -87 3,337 7.2
3,297 8.5
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.

 

 

Share: