Saturday, May 31, 2025

Weekly Gas Storage: Inventories decrease by 14 Bcf

Natural Gas Inventories as of December 29, 2023

The EIA has released its natural gas inventory report, showing a net decrease of 14 Bcf as of December 29, 2023.

Working gas in storage was 3,476 Bcf as of Friday, December 29, 2023, according to EIA estimates. This represents a net decrease of 14 Bcf from the previous week. Stocks were 553 Bcf higher than last year at this time and 399 Bcf above the five-year average of 3,077 Bcf.

At 3,476 Bcf, total working gas is within the five-year historical range.

 

Weekly Gas Storage: Inventories decrease by 87 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
(12/29/22)
5-year average
(2018-22)
Region 12/29/23
12/22/23 net change implied flow Bcf % change Bcf % change
East 799 805 -6 -6 699 14.3 736 8.6
Midwest 968 985 -17 -17 848 14.2 877 10.4
Mountain 228 232 -4 -4 158 44.3 170 34.1
Pacific 280 280 0 0 165 69.7 228 22.8
South Central 1,201 1,187 14 14 1,054 13.9 1,066 12.7
   Salt 344 329 15 15 278 23.7 313 9.9
   Nonsalt 857 858 -1 -1 776 10.4 753 13.8
Total 3,476 3,490 -14 -14 2,923 18.9
3,077 13.0
Totals may not equal sum of components because of independent rounding.

All regions experienced a net decrease, except for the Pacific region with no change and South Central and South Central Salt with a net increase.

All regions are above the five-year average.

 

 

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