Natural Gas Inventories as of June 7, 2024
The EIA has released its natural gas inventory report, showing a net increase of 74 Bcf as of June 7, 2024.
Working gas in storage was 2,974 Bcf as of Friday, June 7, 2024, according to EIA estimates. This represents a net increase of 74 Bcf from the previous week. Stocks were 364 Bcf higher than last year at this time and 573 Bcf above the five-year average of 2,401 Bcf.
At 2,974 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 (6/07/23) |
5-year average (2018-22) |
|||||||||||||||||||||||
| Region | 6/07/24 |
5/31/24 |
net change | implied flow | Bcf | % change | Bcf | % change | |||||||||||||||||
| East | 603 | 575 | 28 | 28 | 568 | 6.2 | 485 | 24.3 | |||||||||||||||||
| Midwest | 712 | 688 R | 24 | 24 | 624 | 14.1 | 558 | 27.6 | |||||||||||||||||
| Mountain | 224 | 218 | 6 | 8 | 145 | 54.5 | 138 | 62.3 | |||||||||||||||||
| Pacific | 276 | 273 | 3 | 6 | 173 | 59.5 | 232 | 19.0 | |||||||||||||||||
| South Central | 1,159 | 1,146 | 13 | 18 | 1,102 | 5.2 | 989 | 17.2 | |||||||||||||||||
| Salt | 336 | 330 | 6 | 6 | 323 | 4.0 | 298 | 12.8 | |||||||||||||||||
| Nonsalt | 823 | 817 | 6 | 13 | 779 | 5.6 | 692 | 18.9 | |||||||||||||||||
| Total | 2,974 | 2,900 R | 74 | 98 | 2,610 | 13.9 |
2,401 | 23.9 | |||||||||||||||||
| 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..
R=Revised.
Working gas stocks were revised to reflect resubmissions of data during the five-week period from May 3, 2024, to May 31, 2024, increasing stocks by 6 Bcf to 9 Bcf for each week during this period. The reported revisions caused the stocks for May 31, 2024, to change from 2,893 Bcf to 2,900 Bcf, and working gas stocks for the week ending May 24, 2024, changed from 2,795 Bcf to 2,804 Bcf. As a result, the implied net change between the weeks ending May 31, 2024, and May 24, 2024, changed from 98 Bcf to 96 Bcf. More information about the revised working gas levels can be found at: https://ir.eia.gov/ngs/ngshistory.xls.
