Natural Gas Inventories as of July 7, 2023
The EIA has released its natural gas inventory report, showing a net increase of 49 Bcf as of July 7, 2023.
Working gas in storage was 2,930 Bcf as of Friday, July 7, 2023, according to EIA estimates. This represents a net increase of 49 Bcf from the previous week. Stocks were 569 Bcf higher than last year at this time and 364 Bcf above the five-year average of 2,566 Bcf.
At 2,930 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 (7/07/23) |
5-year average (2017-21) |
|||||||||||||||||||||||
| Region | 7/07/23 |
6/30/23 | net change | implied flow | Bcf | % change | Bcf | % change | |||||||||||||||||
| East | 653 | 643 | 10 | 10 | 498 | 31.1 | 547 | 19.4 | |||||||||||||||||
| Midwest | 724 | 705 | 19 | 19 | 583 | 24.2 | 619 | 17.0 | |||||||||||||||||
| Mountain | 180 | 173 | 7 | 7 | 142 | 26.8 | 158 | 13.9 | |||||||||||||||||
| Pacific | 225 | 216 | 9 | 9 | 248 | -9.3 | 266 | -15.4 | |||||||||||||||||
| South Central | 1,147 | 1,141 R | 3 | 3 | 890 | 28.9 | 976 | 17.5 | |||||||||||||||||
| Salt | 323 | 325 | -6 | -6 | 223 | 44.8 | 272 | 18.8 | |||||||||||||||||
| Nonsalt | 824 | 816 R | 8 | 8 | 667 | 23.5 | 704 | 17.0 | |||||||||||||||||
| Total | 2,930 | 2,877 R | 49 | 49 | 2,361 | 24.1 |
2,566 | 14.2 | |||||||||||||||||
| Totals may not equal sum of components because of independent rounding. | |||||||||||||||||||||||||
R=Revised
The reported revision caused the stocks for June 30, 2023 to change from 2,877 Bcf to 2,881 Bcf. As a result, the implied net change between the weeks ending June 23 and June 30 changed from 72 Bcf to 76 Bcf.
Totals may not equal sum of components because of independent rounding.
All regions experienced a net increase, except for the South Central Salt.
All regions, except for the the Pacific regions are above the five-year average.
