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 114 Bcf- oil and gas 360 Weekly Gas Storage: Inventories decrease by 55 Bcf- oil and gas 360](https://www.oilandgas360.com/wp-content/uploads/2020/10/GAS-INVENTORIES.jpg)
Working gas in underground storage, Lower 48 states | |||||||||||||||||||||||||
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Historical Comparisons | |||||||||||||||||||||||||
Stocks billion cubic feet (Bcf) |
Year ago (12/08/22) |
5-year average (2018-22) |
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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.