Thursday, December 12, 2024

Weekly Gas Storage: Inventories decrease by 190 Bcf

Natural Gas Inventories as of December 6, 2024

The EIA has released its natural gas inventory report, showing a net decrease of 190 Bcf as of December 6, 2024.

Working gas in storage was 3,747 Bcf as of Friday, December 6, 2024, according to EIA estimates. This represents a net decrease of 190 Bcf from the previous week. Stocks were 67 Bcf higher than last year at this time and 165 Bcf above the five-year average of 3,582 Bcf.

At 3,747 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
(12/06/23)
5-year average
(2019-23)
Region 12/06/24
11/29/24
net change implied flow Bcf % change Bcf % change
East 856 914 -58 -58 862 -0.7 859 -1.0
Midwest 1,055 1,115 -60 -60 1,063 -0.8 1,035 1.9
Mountain 282 289 -7 -7 244 15.6 212 33.0
Pacific 302 310 -8 -8 289 4.5 270 11.9
South Central 1,251 1,310 -59 -59 1,222 2.4 1,207 3.6
   Salt 340 362 -22 -22 335 1.5 335 1.5
   Nonsalt 911 948 -37 -37 886 2.8 872 4.5
Total 3,747 3,937 -190 -190 3,680 1.8
3,582 4.6
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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