Natural Gas Inventories as of March 27, 2020
The EIA has released its natural gas inventory report, showing a net decrease of 19 Bcf as of March 27, 2020.
Working gas in storage was 1,986 Bcf as of Friday, March 27, 2020, according to EIA estimates. This represents a net decrease of 19 Bcf from the previous week. Stocks were 863 Bcf higher than last year at this time and 292 Bcf above the five-year average of 1,694 Bcf.
At 1,986 Bcf, total working gas is within the five-year historical range.
Working gas in underground storage, Lower 48 states | |||||||||||||||||||||||||
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Historical Comparisons | |||||||||||||||||||||||||
Stocks billion cubic feet (Bcf) |
Year ago (03/27/19) |
5-year average (2015-19) |
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Region | 03/27/20 | 03/20/20 | net change | implied flow | Bcf | % change | Bcf | % change | |||||||||||||||||
East | 382 | 398 | -16 | -16 | 214 | 78.5 | 283 | 35.0 | |||||||||||||||||
Midwest | 476 | 492 | -16 | -16 | 243 | 95.9 | 363 | 31.1 | |||||||||||||||||
Mountain | 92 | 92 | 0 | 0 | 63 | 46.0 | 111 | -17.1 | |||||||||||||||||
Pacific | 197 | 194 | 3 | 3 | 110 | 79.1 | 204 | -3.4 | |||||||||||||||||
South Central | 840 | 829 | 11 | 11 | 492 | 70.7 | 733 | 14.6 | |||||||||||||||||
Salt | 256 | 258 | -2 | -2 | 151 | 69.5 | 215 | 19.1 | |||||||||||||||||
Nonsalt | 585 | 571 | 14 | 14 | 342 | 71.1 | 518 | 12.9 | |||||||||||||||||
Total | 1,986 | 2,005 | -19 | -19 | 1,123 | 76.8 | 1,694 | 17.2 | |||||||||||||||||
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 17.1% below the average.