Sunday, December 22, 2024

Weekly Gas Storage: Inventories increase by 50 Bcf

Natural Gas Inventories as of April 12, 2024

The EIA has released its natural gas inventory report, showing a net increase of 50 Bcf as of April 12, 2024.

Working gas in storage was 2,333 Bcf as of Friday, April 12, 2024, according to EIA estimates. This represents a net increase of 50 Bcf from the previous week. Stocks were 424 Bcf higher than last year at this time and 622 Bcf above the five-year average of 1,711 Bcf.

At 2,333 Bcf, total working gas is within the five-year historical range.

 

Weekly Gas Storage: Inventories increase by 50 Bcf- oil and gas 360
Oil and Gas 360

 

Working gas in underground storage, Lower 48 states
Historical Comparisons
Stocks
billion cubic feet (Bcf)
Year ago
(4/12/23)
5-year average
(2018-22)
Region 4/12/24
4/05/24
net change implied flow Bcf % change Bcf % change
East 379 362 17 17 358 5.9 307 23.5
Midwest 528 512 16 16 443 19.2 380 38.9
Mountain 167 165 2 2 83 101.2 90 85.6
Pacific 230 229 1 1 80 187.5 158 45.6
South Central 1,029 1,014 15 15 943 9.1 775 32.8
   Salt 300 299 1 1 265 13.2 238 26.1
   Nonsalt 729 714 15 15 679 7.4 537 35.8
Total 2,333 2,283 50 50 1,909 22.2
1,711 36.4
Totals may not equal sum of components because of independent rounding.

All regions experienced a net increase.

All regions are above the five-year average..

 

 

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