Natural Gas Inventories as of January 3, 2020

The EIA has released its natural gas inventory report, showing a net decrease of 44 Bcf as of January 3, 2020.

Working gas in storage was 3,148 Bcf as of Friday, January 3, 2020, according to EIA estimates. This represents a net decrease of 44 Bcf from the previous week. Stocks were 521 Bcf higher than last year at this time and 74 Bcf above the five-year average of 3,074 Bcf.

At 3,148 Bcf, total working gas is within the five-year historical range.

Weekly Gas Storage: Inventories decrease by 44 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
(01/03/19)
5-year average
(2015-19)
Region 01/03/20 12/27/19 net change implied flow Bcf % change Bcf % change
East 756 771 -15 -55 652 16.0 725 4.3
Midwest 885 905 -20 -20 768 15.2 854 3.6
Mountain 166 173 -7 -7 134 23.9 168 -1.2
Pacific 244 251 -7 -7 206 18.4 269 -9.3
South Central 1,097 1,093 4 4 867 26.5 1,058 3.7
   Salt 323 313 10 10 301 7.3 317 1.9
   Nonsalt 774 780 -6 -6 566 36.7 741 4.5
Total 3,148 3,192 -44 -44 2,627 19.8 3,074 2.4
Totals may not equal sum of components because of independent rounding.

All regions except for South Central and South Central Salt experienced a net decrease this week.

Stocks in every region except the Mountain and Pacific, are above the five-year average.  The Pacific region is the farthest below the five-year average, at 9.3% below the average.


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