Natural Gas Inventories as of May 24, 2024
The EIA has released its natural gas inventory report, showing a net increase of 84 Bcf as of May 24, 2024.
Working gas in storage was 2,795 Bcf as of Friday, May 24, 2024, according to EIA estimates. This represents a net increase of 84 Bcf from the previous week. Stocks were 380 Bcf higher than last year at this time and 586 Bcf above the five-year average of 2,209 Bcf.
At 2,795 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 (5/24/23) |
5-year average (2018-22) |
|||||||||||||||||||||||
Region | 5/24/24 |
5/17/24 |
net change | implied flow | Bcf | % change | Bcf | % change | |||||||||||||||||
East | 538 | 511 | 27 | 27 | 513 | 4.9 | 428 | 25.7 | |||||||||||||||||
Midwest | 652 | 628 | 24 | 24 | 568 | 14.8 | 500 | 30.4 | |||||||||||||||||
Mountain | 210 | 202 | 8 | 8 | 125 | 68.0 | 122 | 72.1 | |||||||||||||||||
Pacific | 267 | 259 | 8 | 8 | 148 | 80.4 | 214 | 24.8 | |||||||||||||||||
South Central | 1,128 | 1,112 | 16 | 16 | 1,062 | 6.2 | 944 | 19.5 | |||||||||||||||||
Salt | 324 | 319 | 5 | 5 | 301 | 7.6 | 290 | 11.7 | |||||||||||||||||
Nonsalt | 804 | 793 | 11 | 11 | 761 | 5.7 | 654 | 22.9 | |||||||||||||||||
Total | 2,795 | 2,711 | 84 | 84 | 2,415 | 15.7 |
2,209 | 26.5 | |||||||||||||||||
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..