Natural Gas Inventories as of March 15, 2024
The EIA has released its natural gas inventory report, showing a net increase of 7 Bcf as of March 15, 2024.
Working gas in storage was 2,332 Bcf as of Friday, March 15, 2024, according to EIA estimates. This represents a net increase of 7 Bcf from the previous week. Stocks were 411 Bcf higher than last year at this time and 678 Bcf above the five-year average of 1,654 Bcf.
At 2,332 Bcf, total working gas is within the five-year historical range.
Working gas in underground storage, Lower 48 states | |||||||||||||||||||||||||
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Historical Comparisons | |||||||||||||||||||||||||
Stocks billion cubic feet (Bcf) |
Year ago (3/15/23) |
5-year average (2018-22) |
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Region | 3/15/24 |
3/08/24 |
net change | implied flow | Bcf | % change | Bcf | % change | |||||||||||||||||
East | 406 | 412 | -6 | -6 | 365 | 11.2 | 323 | 25.7 | |||||||||||||||||
Midwest | 551 | 561 | -10 | -10 | 469 | 17.5 | 397 | 38.8 | |||||||||||||||||
Mountain | 166 | 167 | -1 | -1 | 85 | 95.3 | 88 | 88.6 | |||||||||||||||||
Pacific | 216 | 213 | 3 | 3 | 72 | 200.0 | 144 | 50.0 | |||||||||||||||||
South Central | 993 | 972 | 21 | 21 | 929 | 6.9 | 701 | 41.7 | |||||||||||||||||
Salt | 300 | 294 | 6 | 6 | 263 | 14.1 | 202 | 48.5 | |||||||||||||||||
Nonsalt | 694 | 678 | 16 | 16 | 665 | 4.4 | 499 | 39.1 | |||||||||||||||||
Total | 2,332 | 2,325 | 7 | 7 | 1,921 | 21.4 |
1,654 | 41.0 | |||||||||||||||||
Totals may not equal sum of components because of independent rounding. |
All regions experienced a net decrease, except for the East, Midwest and Mountain regions.
All regions are above the five-year average..