Thursday, December 26, 2024

Weekly Gas Storage: Inventories increase by 71 Bcf

Natural Gas Inventories as of June 14, 2024

The EIA has released its natural gas inventory report, showing a net increase of 71 Bcf as of June 14, 2024.

Working gas in storage was 3,045 Bcf as of Friday, June 14, 2024, according to EIA estimates. This represents a net increase of 71 Bcf from the previous week. Stocks were 343 Bcf higher than last year at this time and 561 Bcf above the five-year average of 2,484 Bcf.

At 2,984 Bcf, total working gas is within the five-year historical range.

 

Weekly Gas Storage: Inventories increase by 74 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
(6/14/23)
5-year average
(2018-22)
Region 6/14/24
6/07/24
net change implied flow Bcf % change Bcf % change
East 631 603 28 28 592 6.6 510 23.7
Midwest 736 712 24 24 651 13.1 585 25.8
Mountain 230 224 6 6 154 49.4 145 58.6
Pacific 279 276 3 3 187 49.2 235 18.7
South Central 1,168 1,159 9 9 1,119 4.4 1,008 15.9
   Salt 337 336 1 1 328 2.7 300 12.3
   Nonsalt 831 823 8 8 790 5.2 708 17.4
Total 3,045 2,974 71 71 2,702 12.7
2,484 22.6
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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