Natural Gas Inventories as of May 8, 2020
The EIA has released its natural gas inventory report, showing a net increase of 103 Bcf as of May 8, 2020.
Working gas in storage was 2,422 Bcf as of Friday, May 8, 2020, according to EIA estimates. This represents a net increase of 103 Bcf from the previous week. Stocks were 799 Bcf higher than last year at this time and 413 Bcf above the five-year average of 2,009 Bcf.
At 2,422 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 (05/08/19) |
5-year average (2015-19) |
|||||||||||||||||||||||
Region | 05/08/20 | 05/01/20 | net change | implied flow | Bcf | % change | Bcf | % change | |||||||||||||||||
East | 452 | 424 | 28 | 28 | 321 | 40.8 | 351 | 28.8 | |||||||||||||||||
Midwest | 554 | 530 | 24 | 24 | 328 | 68.9 | 408 | 35.8 | |||||||||||||||||
Mountain | 117 | 111 | 6 | 6 | 81 | 44.4 | 124 | -5.6 | |||||||||||||||||
Pacific | 240 | 228 | 12 | 12 | 171 | 40.4 | 239 | 0.4 | |||||||||||||||||
South Central | 1,059 | 1,027 | 32 | 32 | 722 | 46.7 | 887 | 19.4 | |||||||||||||||||
Salt | 340 | 331 | 9 | 9 | 238 | 42.9 | 279 | 21.9 | |||||||||||||||||
Nonsalt | 719 | 695 | 24 | 24 | 484 | 48.6 | 608 | 18.3 | |||||||||||||||||
Total | 2,422 | 2,319 | 103 | 103 | 1,623 | 49.2 | 2,009 | 20.6 | |||||||||||||||||
Totals may not equal sum of components because of independent rounding. |
All regions experienced a net decrease this week.
Stocks in every region except the Mountain and Pacific regions, are above the five-year average. The Mountain region is the farthest below the five-year average, at 5.6% below the average.