Compiled by Tyler Losier, Energy Reporter, Oil & Gas 360
Natural Gas Inventories as of August 16, 2019
The EIA has released its natural gas inventory report, showing a build of 59 Bcf as of August 16.
Working gas in storage was 2,797 Bcf as of Friday, August 16, 2019, according to EIA estimates. This represents a net increase of 59 Bcf from the previous week. Stocks were 369 Bcf higher than last year at this time and 103 Bcf below the five-year average of 2,900 Bcf.
At 2,797 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 (08/16/18) |
5-year average (2014-18) |
|||||||||||||||||||||||
| Region | 08/16/19 | 08/09/19 | net change | implied flow | Bcf | % change | Bcf | % change | |||||||||||||||||
| East | 660 | 634 | 26 | 26 | 608 | 8.6 | 689 | -4.2 | |||||||||||||||||
| Midwest | 760 | 729 | 31 | 31 | 629 | 20.8 | 753 | 0.9 | |||||||||||||||||
| Mountain | 168 | 164 | 4 | 4 | 153 | 9.8 | 182 | -7.7 | |||||||||||||||||
| Pacific | 274 | 272 | 2 | 2 | 238 | 15.1 | 295 | -7.1 | |||||||||||||||||
| South Central | 935 | 939 | -4 | -4 | 799 | 17.0 | 980 | -4.6 | |||||||||||||||||
| Salt | 205 | 214 | -9 | -9 | 191 | 7.3 | 253 | -19.0 | |||||||||||||||||
| Nonsalt | 730 | 725 | 5 | 5 | 609 | 19.9 | 727 | 0.4 | |||||||||||||||||
| Total | 2,797 | 2,738 | 59 | 59 | 2,428 | 15.2 | 2,900 | -3.6 | |||||||||||||||||
| 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. 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 19% below the average.
