Natural Gas Inventories as of March 24, 2023
The EIA has released its natural gas inventory report, showing a net decrease of 47 Bcf as of March 24, 2023.
Working gas in storage was 1,853 Bcf as of Friday, March 2, 2023, according to EIA estimates. This represents a net decrease of 47 Bcf from the previous week. Stocks were 442 Bcf higher than last year at this time and 321 Bcf above the five-year average of 1,532 Bcf.
At 1,853 Bcf, total working gas is within the five-year historical range.
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Working gas in underground storage, Lower 48 states | |||||||||||||||||||||||||
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Historical Comparisons | |||||||||||||||||||||||||
Stocks billion cubic feet (Bcf) |
Year ago (3/24/23) |
5-year average (2017-21) |
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Region | 3/24/23 |
3/17/23 | net change | implied flow | Bcf | % change | Bcf | % change | |||||||||||||||||
East | 343 | 355 | -12 | -12 | 268 | 28.0 | 285 | 20.4 | |||||||||||||||||
Midwest | 437 | 461 | -24 | -24 | 317 | 37.9 | 346 | 26.3 | |||||||||||||||||
Mountain | 82 | 84 | -2 | -2 | 89 | -7.9 | 89 | -7.9 | |||||||||||||||||
Pacific | 73 | 72 | 1 | 1 | 160 | -54.4 | 164 | -55.5 | |||||||||||||||||
South Central | 917 | 927 | -10 | -10 | 578 | 58.7 | 648 | 41.5 | |||||||||||||||||
Salt | 262 | 262 | 0 | -0 | 167 | 56.9 | 194 | 35.1 | |||||||||||||||||
Nonsalt | 655 | 664 | -9 | -9 | 411 | 59.4 | 453 | 44.6 | |||||||||||||||||
Total | 1,853 | 1,900 | -47 | -47 | 1,411 | 31.3 |
1,532 | 21.0 | |||||||||||||||||
Totals may not equal sum of components because of independent rounding. |
All regions, except for the Pacific region experienced a net decrease.
All regions, except for the Mountain, and the Pacific regions are above the five-year average.