Natural Gas Inventories as of March 8, 2024
The EIA has released its natural gas inventory report, showing a net decrease of 9 Bcf as of March 8, 2024.
Working gas in storage was 2,325 Bcf as of Friday, March 8, 2024, according to EIA estimates. This represents a net decrease of 9 Bcf from the previous week. Stocks were 336 Bcf higher than last year at this time and 629 Bcf above the five-year average of 1,696 Bcf.
At 2,325 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 (3/08/23) |
5-year average (2018-22) |
|||||||||||||||||||||||
| Region | 3/08/24 |
3/01/24 |
net change | implied flow | Bcf | % change | Bcf | % change | |||||||||||||||||
| East | 412 | 422 | -10 | -10 | 398 | 3.5 | 345 | 19.4 | |||||||||||||||||
| Midwest | 561 | 575 | -14 | -14 | 497 | 12.9 | 418 | 34.2 | |||||||||||||||||
| Mountain | 167 | 169 | -2 | -2 | 88 | 89.8 | 91 | 83.5 | |||||||||||||||||
| Pacific | 213 | 219 | -6 | -6 | 75 | 184.0 | 147 | 44.9 | |||||||||||||||||
| South Central | 972 | 949 | 23 | 23 | 931 | 4.4 | 695 | 39.9 | |||||||||||||||||
| Salt | 294 | 285 | 9 | 9 | 265 | 10.9 | 195 | 50.8 | |||||||||||||||||
| Nonsalt | 678 | 664 | 14 | 14 | 666 | 1.8 | 501 | 35.3 | |||||||||||||||||
| Total | 2,325 | 2,334 | -9 | -9 | 1,989 | 16.9 |
1,696 | 37.1 | |||||||||||||||||
| Totals may not equal sum of components because of independent rounding. | |||||||||||||||||||||||||
All regions experienced a net decrease, except for the South Central Salt and South Central Nonsalt.
All regions are above the five-year average..
