Thursday, July 2, 2026

Weekly Gas Storage: Inventories decrease by 23 Bcf

Natural Gas Inventories as of March 31, 2023

The EIA has released its natural gas inventory report, showing a net decrease of 23 Bcf as of March 31, 2023.

Working gas in storage was 1,830 Bcf as of Friday, March 31, 2023, according to EIA estimates. This represents a net decrease of 23 Bcf from the previous week. Stocks were 443 Bcf higher than last year at this time and 298 Bcf above the five-year average of 1,532 Bcf.

At 1,830 Bcf, total working gas is within the five-year historical range.

 

Weekly Gas Storage: Inventories decrease by 23 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
(3/31/23)
5-year average
(2017-21)
Region 3/31/23
3/24/23 net change implied flow Bcf % change Bcf % change
East 335 343 -8 -8 245 36.7 274 22.3
Midwest 421 437 -16 -16 299 40.8 335 25.7
Mountain 80 82 -2 -2 91 -12.1 89 -10.1
Pacific 73 73 0 0 164 -55.5 169 -56.8
South Central 921 917 4 4 588 56.6 665 38.5
   Salt 263 262 1 1 172 52.9 203 29.6
   Nonsalt 658 655 3 3 415 58.6 462 42.4
Total 1,830 1,853 -23 -23 1,387 31.9
1,532 19.5
Totals may not equal sum of components because of independent rounding.

The East, Midwest and Mountain regions, experienced a net decrease.

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

 

 

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