Natural Gas Inventories as of August 18, 2023
The EIA has released its natural gas inventory report, showing a net increase of 18 Bcf as of August 18, 2023.
Working gas in storage was 3,083 Bcf as of Friday, August 18, 2023, according to EIA estimates. This represents a net increase of 18 Bcf from the previous week. Stocks were 513 Bcf higher than last year at this time and 268 Bcf above the five-year average of 2,81 Bcf.
At 3,083 Bcf, total working gas is within the five-year historical range.
![Weekly Gas Storage: Inventories decrease by 114 Bcf- oil and gas 360 Weekly Gas Storage: Inventories increase by 18 Bcf- oil and gas 360](https://www.oilandgas360.com/wp-content/uploads/2020/10/GAS-INVENTORIES.jpg)
Working gas in underground storage, Lower 48 states | |||||||||||||||||||||||||
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Historical Comparisons | |||||||||||||||||||||||||
Stocks billion cubic feet (Bcf) |
Year ago (8/18/22) |
5-year average (2018-22) |
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Region | 8/18/23 |
8/11/23 | net change | implied flow | Bcf | % change | Bcf | % change | |||||||||||||||||
East | 731 | 717 | 14 | 14 | 59 | 23.1 | 659 | 10.9 | |||||||||||||||||
Midwest | 831 | 812 | 19 | 19 | 710 | 17.0 | 759 | 9.5 | |||||||||||||||||
Mountain | 206 | 202 | 4 | 4 | 153 | 34.6 | 175 | 17.7 | |||||||||||||||||
Pacific | 242 | 240 | 2 | 2 | 244 | -0.8 | 261 | -7.3 | |||||||||||||||||
South Central | 1,072 | 1,093 | -21 | -21 | 870 | 23.2 | 960 | 11.7 | |||||||||||||||||
Salt | 260 | 272 | -12 | -12 | 184 | 41.3 | 229 | 13.5 | |||||||||||||||||
Nonsalt | 813 | 821 | -8 | -8 | 686 | 18.5 | 732 | 11.1 | |||||||||||||||||
Total | 3,083 | 3,065 | 18 | 18 | 2,570 | 20.0 |
2,815 | 9.5 | |||||||||||||||||
Totals may not equal sum of components because of independent rounding. |
All regions experienced a net increase, except for the South Central, South Central Salt and South Central Nonsalt.
All regions, except for the the Pacific regions are above the five-year average.