Saturday, December 28, 2024

Weekly Gas Storage: Inventories decrease by 87 Bcf

Natural Gas Inventories as of December 22, 2023

The EIA has released its natural gas inventory report, showing a net decrease of 87 Bcf as of December 22, 2023.

Working gas in storage was 3,490 Bcf as of Friday, December 22, 2023, according to EIA estimates. This represents a net decrease of 87 Bcf from the previous week. Stocks were 348 Bcf higher than last year at this time and 316 Bcf above the five-year average of 3,174 Bcf.

At 3,490 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
(12/22/22)
5-year average
(2018-22)
Region 12/22/23
12/15/23 net change implied flow Bcf % change Bcf % change
East 805 834 -29 -29 753 6.9 765 5.2
Midwest 985 1,021 -36 -36 910 8.2 913 7.9
Mountain 232 236 -4 -4 168 38.1 177 31.1
Pacific 280 283 -3 -3 188 66.7 236 18.6
South Central 1,187 1,203 -16 -16 1,145 3.7 1,084 9.5
   Salt 329 331 -2 -2 325 1.2 315 4.4
   Nonsalt 858 872 -14 -14 819 4.8 769 11.6
Total 3,490 3,577 -87 -87 3,142 11.1
3,174 10.0
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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