Natural Gas Inventories as of March 24, 2023

The EIA has released its natural gas inventory report, showing a net decrease of 47 Bcf as of March 24, 2023.

Working gas in storage was 1,853 Bcf as of Friday, March 2, 2023, according to EIA estimates. This represents a net decrease of 47 Bcf from the previous week. Stocks were 442 Bcf higher than last year at this time and 321 Bcf above the five-year average of 1,532 Bcf.

At 1,853 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
(3/24/23)
5-year average
(2017-21)
Region 3/24/23
3/17/23 net change implied flow Bcf % change Bcf % change
East 343 355 -12 -12 268 28.0 285 20.4
Midwest 437 461 -24 -24 317 37.9 346 26.3
Mountain 82 84 -2 -2 89 -7.9 89 -7.9
Pacific 73 72 1 1 160 -54.4 164 -55.5
South Central 917 927 -10 -10 578 58.7 648 41.5
   Salt 262 262 0 -0 167 56.9 194 35.1
   Nonsalt 655 664 -9 -9 411 59.4 453 44.6
Total 1,853 1,900 -47 -47 1,411 31.3
1,532 21.0
Totals may not equal sum of components because of independent rounding.

All regions, except for the Pacific region experienced a net decrease.

All regions, except for the Mountain, and the Pacific regions are above the five-year average.

 

 


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