Natural Gas Inventories as of October 29, 2019

The EIA has released its natural gas inventory report, showing a decrease  of 19 Bcf as of October 29, 2019.

Working gas in storage was 3,591 Bcf as of Friday, November 29, 2019, according to EIA estimates. This represents a net increase of 19 Bcf from the previous week. Stocks were 591 Bcf higher than last year at this time and 9 Bcf below the five-year average of 3,600 Bcf.

At 3,519 Bcf, total working gas is within the five-year historical range.

Weekly Gas Storage: Inventories Decrease by 19 Bcf- oil and gas 360

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Working gas in underground storage, Lower 48 states
Historical Comparisons
Stocks
billion cubic feet (Bcf)
Year ago
(11/29/18)
5-year average
(2014-18)
Region 11/29/19 11/22/19 net change implied flow Bcf % change Bcf % change
East 891 894 -3 -3 756 17.9 857 4.0
Midwest 1,040 1,052 -12 -12 917 13.4 1,035 0.5
Mountain 200 204 -4 -4 168 19.0 206 -2.9
Pacific 286 293 -7 -7 253 13.0 320 -10.6
South Central 1,174 1,166 8 8 906 29.6 1,183 -0.8
   Salt 316 303 13 13 262 20.6 343 -7.9
   Nonsalt 858 863 -5 -5 644 33.2 839 2.3
Total 3,519 3,610 -19 -19 3,000 19.7 3,600 -0.3
Totals may not equal sum of components because of independent rounding.

All regions except South Central and South Central nonsalt 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 salt count in the Pacific region is the farthest below the five-year average, at 10.6% below the average.


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