Compiled by Tyler Losier, Energy Reporter, Oil & Gas 360


Natural Gas Inventories as of August 9, 2019

The EIA has released its natural gas inventory report, showing a build of 49 Bcf as of August 9.

Working gas in storage was 2,738 Bcf as of Friday, August 9, 2019, according to EIA estimates. This represents a net increase of 49 Bcf from the previous week. Stocks were 357 Bcf higher than last year at this time and 111 Bcf below the five-year average of 2,849 Bcf.

Weekly Gas Storage: 49 Bcf Build - Oil & Gas 360

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At 2,738 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
(08/09/18)
5-year average
(2014-18)
Region 08/09/19 08/02/19 net change implied flow Bcf % change Bcf % change
East 634 613 21 21 588 7.8 667 -4.9
Midwest 729 701 28 28 601 21.3 727 0.3
Mountain 164 161 3 3 151 8.6 179 -8.4
Pacific 272 272 0 0 240 13.3 294 -7.5
South Central 939 941 -2 -2 803 16.9 982 -4.4
   Salt 214 221 -7 -7 196 9.2 258 -17.1
   Nonsalt 725 719 6 6 606 19.6 724 0.1
Total 2,738 2,689 49 49 2,381 15.0 2,849 -3.9
Totals may not equal sum of components because of independent rounding.

This week, storage for both the South Central region and its salt count declined. Pacific numbers remained flat. All other regions experienced a net increase this week. Stocks in every region except the Midwest and South Central nonsalt are below the five-year average. The salt count in the South Central region is the farthest below the five-year average, at 17.1% below the average.


Weekly Gas Storage: 49 Bcf Build - Oil & Gas 360

Source: EIA

 


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