Natural Gas Inventories as of December 6, 2019

The EIA has released its natural gas inventory report, showing a net decrease of 73 Bcf as of December 6, 2019.

 

Weekly Gas Storage: Inventories Decrease by 73 Bcf- oil and gas 360

 

Working gas in storage was 3,518 Bcf as of Friday, December 6, 2019, according to EIA estimates. This represents a net decrease of 73 Bcf from the previous week. Stocks were 593 Bcf higher than last year at this time and 14 Bcf below the five-year average of 3,518 Bcf.

At 3,518 Bcf, total working gas is within the five-year historical range.

For information on sampling error in this report, see Estimated Measures of Sampling Variability table below.

Working Gas in Underground Storage Compared with Five-Year Range

 

Note: The shaded area indicates the range between the historical minimum and maximum values for the weekly series from 2014 through 2018. The dashed vertical lines indicate current and year-ago weekly periods.


Working gas in underground storage, Lower 48 states
Historical Comparisons
Stocks
billion cubic feet (Bcf)
Year ago
(12/06/18)
5-year average
(2014-18)
Region 12/06/19 11/29/19 net change implied flow Bcf % change Bcf % change
East 867 891 -24 -24 735 18.0 839 3.3
Midwest 1,013 1,040 -27 -27 889 13.9 1,009 0.4
Mountain 193 200 -7 -7 161 19.9 200 -3.5
Pacific 276 286 -10 -10 240 15.0 312 -11.5
South Central 1,168 1,174 -6 -6 899 29.9 1,173 -0.4
   Salt 321 316 5 5 270 18.9 345 -7.0
   Nonsalt 847 858 -11 -11 629 34.7 827 2.4
Total 3,518 3,591 -73 -73 2,925 20.3 3,532 -0.4
Totals may not equal sum of components because of independent rounding.

All regions except the South Central, and salt count in South Central region experienced a net decrease this week.

Stocks in every region except the East, Midwest and South Central nonsalt are below the five-year average.  The Pacific region is the farthest below the five-year average, at 11.5% below the average.


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