Compiled by Oil & Gas 360
Natural Gas Inventories as of August 30, 2019
The EIA has released its natural gas inventory report, showing a build of 84 Bcf as of August 30.
Working gas in storage was 2,941 Bcf as of Friday, August 30, 2019, according to EIA estimates. This represents a net increase of 84 Bcf from the previous week. Stocks were 383 Bcf higher than last year at this time and 82 Bcf below the five-year average of 3,023 Bcf.
At 2,941 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 (08/30/18) |
5-year average (2014-18) |
|||||||||||||||||||||||
| Region | 08/30/19 | 08/23/19 | net change | implied flow | Bcf | % change | Bcf | % change | |||||||||||||||||
| East | 714 | 682 | 32 | 32 | 656 | 8.8 | 735 | -2.9 | |||||||||||||||||
| Midwest | 827 | 790 | 37 | 37 | 697 | 18.7 | 816 | 1.3 | |||||||||||||||||
| Mountain | 177 | 173 | 4 | 4 | 161 | 9.9 | 188 | -5.9 | |||||||||||||||||
| Pacific | 276 | 278 | -2 | -2 | 245 | 12.7 | 300 | -8.0 | |||||||||||||||||
| South Central | 947 | 934 | 13 | 13 | 799 | 18.5 | 985 | -3.9 | |||||||||||||||||
| Salt | 197 | 199 | -2 | -2 | 184 | 7.1 | 247 | -20.2 | |||||||||||||||||
| Nonsalt | 749 | 736 | 13 | 13 | 615 | 21.8 | 738 | 1.5 | |||||||||||||||||
| Total | 2,941 | 2,857 | 84 | 84 | 2,558 | 15.0 | 3,023 | -2.7 | |||||||||||||||||
| Totals may not equal sum of components because of independent rounding. | |||||||||||||||||||||||||
This week, storage for Pacific and both the South Central region and it’s salt count declined. All other regions experienced a net increase this week. Stocks in every region except the Midwest and South Central nonsalt are below the five-year average. The salt count in the South Central region is the farthest below the five-year average, at 20.2% below the average.
