By Tyler Losier, Energy Reporter, Oil & Gas 360
Natural Gas Inventories as of May 31, 2019
The EIA has released its natural gas inventory report, showing a build of 119 Bcf as of May 31.
Working gas in storage was 1,986 Bcf as of Friday, May 31, 2019, according to EIA estimates. This represents a net increase of 119 Bcf from the previous week. Stocks were 182 Bcf higher than last year at this time and 240 Bcf below the five-year average of 2,226 Bcf.
At 1,986 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 (05/31/18) |
5-year average (2014-18) |
|||||||||||||||||||||||
| Region | 05/31/19 | 05/24/19 | net change | implied flow | Bcf | % change | Bcf | % change | |||||||||||||||||
| East | 414 | 383 | 31 | 31 | 348 | 19.0 | 427 | -3.0 | |||||||||||||||||
| Midwest | 436 | 399 | 37 | 37 | 337 | 29.4 | 473 | -7.8 | |||||||||||||||||
| Mountain | 101 | 93 | 8 | 8 | 120 | -15.8 | 142 | -28.9 | |||||||||||||||||
| Pacific | 213 | 198 | 15 | 15 | 230 | -7.4 | 263 | -19.0 | |||||||||||||||||
| South Central | 821 | 793 | 28 | 28 | 769 | 6.8 | 920 | -10.8 | |||||||||||||||||
| Salt | 256 | 253 | 3 | 3 | 244 | 4.9 | 281 | -8.9 | |||||||||||||||||
| Nonsalt | 565 | 540 | 25 | 25 | 526 | 7.4 | 639 | -11.6 | |||||||||||||||||
| Total | 1,986 | 1,867 | 119 | 119 | 1,804 | 10.1 | 2,226 | -10.8 | |||||||||||||||||
| Totals may not equal sum of components because of independent rounding. | |||||||||||||||||||||||||
All regions saw a build this week, with the largest again in the Midwest region. Stocks in every region are below the five-year average. Gas in storage in the Mountain region is the farthest below the five-year average for the area, at 28.9% below the average.
