Natural Gas Inventories as of March 1, 2024
The EIA has released its natural gas inventory report, showing a net decrease of 40 Bcf as of March 1, 2024.
Working gas in storage was 2,334 Bcf as of Friday, March 1, 2024, according to EIA estimates. This represents a net decrease of 40 Bcf from the previous week. Stocks were 280 Bcf higher than last year at this time and 551 Bcf above the five-year average of 1,873 Bcf.
At 2,334 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 (3/01/23) |
5-year average (2018-22) |
|||||||||||||||||||||||
| Region | 3/01/24 |
2/23/24 |
net change | implied flow | Bcf | % change | Bcf | % change | |||||||||||||||||
| East | 422 | 453 | -31 | -31 | 426 | -0.9 | 377 | 11.9 | |||||||||||||||||
| Midwest | 575 | 600 | -25 | -25 | 523 | 9.9 | 449 | 28.1 | |||||||||||||||||
| Mountain | 169 | 169 | 0 | 0 | 94 | 79.8 | 95 | 77.9 | |||||||||||||||||
| Pacific | 219 | 217 | 2 | 2 | 86 | 154.7 | 153 | 43.1 | |||||||||||||||||
| South Central | 949 | 935 | 14 | 14 | 924 | 2.7 | 708 | 34.0 | |||||||||||||||||
| Salt | 285 | 275 | 10 | 10 | 261 | 9.2 | 199 | 43.2 | |||||||||||||||||
| Nonsalt | 664 | 660 | 4 | 4 | 663 | 0.2 | 510 | 30.2 | |||||||||||||||||
| Total | 2,334 | 2,374 | -40 | -40 | 2,054 | 13.6 |
1,783 | 30.9 | |||||||||||||||||
| Totals may not equal sum of components because of independent rounding. | |||||||||||||||||||||||||
All regions experienced a net decrease, except for the Pacific region.
All regions are above the five-year average..
