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
Historical Comparisons
Stocks
billion cubic feet (Bcf)
Year ago
(3/15/23)
5-year average
(2018-22)
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..

 

 


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