Thursday, February 6, 2025

Weekly Gas Storage: Inventories decrease by 55 Bcf

Natural Gas Inventories as of December 8, 2023

The EIA has released its natural gas inventory report, showing a net decrease of 55 Bcf as of December 8, 2023.

Working gas in storage was 3,664 Bcf as of Friday, December 8, 2023, according to EIA estimates. This represents a net decrease of 55 Bcf from the previous week. Stocks were 245 Bcf higher than last year at this time and 260 Bcf above the five-year average of 3,404 Bcf.

At 3,664 Bcf, total working gas is within the five-year historical range.

 

Weekly Gas Storage: Inventories decrease by 55 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
(12/08/22)
5-year average
(2018-22)
Region 12/08/23
12/01/23 net change implied flow Bcf % change Bcf % change
East 857 876 -19 -19 824 4.0 826 3.8
Midwest 1,055 1,082 -27 -27 1,006 4.9 991 6.5
Mountain 243 245 -2 -2 187 29.9 193 25.9
Pacific 289 289 0 0 205 41.0 258 12.0
South Central 1,219 1,228 -9 -9 1,198 1.8 1,137 7.2
   Salt 336 334 2 2 336 0.0 321 4.7
   Nonsalt 883 894 -11 -11 862 2.4 815 8.3
Total 3,664 3,719 -55 -55 3,419 7.2
3,404 7.6
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, except for the Pacific and South Central Salt regions.

All regions are above the five-year average.

 

 

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