Thursday, December 26, 2024

Weekly Gas Storage: Inventories increase by 16 Bcf

Natural Gas Inventories as of July 21, 2023

The EIA has released its natural gas inventory report, showing a net increase of 16 Bcf as of July 21, 2023.

Working gas in storage was 2,987 Bcf as of Friday, July 21, 2023, according to EIA estimates. This represents a net increase of 16 Bcf from the previous week. Stocks were 573 Bcf higher than last year at this time and 345 Bcf above the five-year average of 2,642 Bcf.

At 2,987 Bcf, total working gas is within the five-year historical range.

 

Weekly Gas Storage: Inventories increase by 16 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
(7/21/23)
5-year average
(2017-21)
Region 7/21/23
7/14/23 net change implied flow Bcf % change Bcf % change
East 670 661 9 9 530 26.4 584 14.7
Midwest 757 741 16 16 623 21.5 663 14.2
Mountain 189 186 3 3 144 31.3 164 15.2
Pacific 232 232 0 0 253 -8.3 267 -13.1
South Central 1,139 1,150 -11   -11 864 31.8 964 18.2
   Salt 310 321 -11 -11 197 57.4 251 23.5
   Nonsalt 829 829 0 0 667 24.3 714 16.1
Total 2,987 2,971 16 16 2,414 23.7
2,642 13.1
Totals may not equal sum of components because of independent rounding.

All regions experienced a net increase, except for the South Central, and South Central Salt and South Central Nonsalt.

All regions, except for the the Pacific regions are above the five-year average.

 

 

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