Compiled by Tyler Losier, Energy Reporter, Oil & Gas 360
Natural Gas Inventories as of June 14, 2019
The EIA has released its natural gas inventory report, showing a build of 115 Bcf as of June 14.
Working gas in storage was 2,203 Bcf as of Friday, June 14, 2019, according to EIA estimates. This represents a net increase of 115 Bcf from the previous week. Stocks were 209 Bcf higher than last year at this time and 199 Bcf below the five-year average of 2,402 Bcf.
At 2,203 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 (06/14/18) |
5-year average (2014-18) |
|||||||||||||||||||||||
Region | 06/14/19 | 06/07/19 | net change | implied flow | Bcf | % change | Bcf | % change | |||||||||||||||||
East | 472 | 440 | 32 | 32 | 402 | 17.4 | 484 | -2.5 | |||||||||||||||||
Midwest | 503 | 469 | 34 | 34 | 397 | 26.7 | 530 | -5.1 | |||||||||||||||||
Mountain | 118 | 111 | 7 | 7 | 127 | -7.1 | 151 | -21.9 | |||||||||||||||||
Pacific | 234 | 227 | 7 | 7 | 245 | -4.5 | 277 | -15.5 | |||||||||||||||||
South Central | 875 | 842 | 33 | 33 | 824 | 6.2 | 960 | -8.9 | |||||||||||||||||
Salt | 264 | 256 | 8 | 8 | 257 | 2.7 | 288 | -8.3 | |||||||||||||||||
Nonsalt | 612 | 586 | 26 | 26 | 567 | 7.9 | 671 | -8.8 | |||||||||||||||||
Total | 2,203 | 2,088 | 115 | 115 | 1,994 | 10.5 | 2,402 | -8.3 | |||||||||||||||||
Totals may not equal sum of components because of independent rounding. |
All regions saw a build this week, the largest of which occurred in the Midwest. 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 21.9% below the average.