Compiled by Oil & Gas 360


Natural Gas Inventories as of September 6, 2019

The EIA has released its natural gas inventory report, showing another build of 78 Bcf as of September 6.

Working gas in storage was 3,019 Bcf as of Friday, September 6, 2019, according to EIA estimates. This represents a net increase of 78 Bcf from the previous week. Stocks were 393 Bcf higher than last year at this time and 77 Bcf below the five-year average of 3,096 Bcf. At 3,019 Bcf, total working gas is within the five-year historical range.

Weekly Gas Storage: 78 Bcf Build - Oil and Gas 360

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At 3,019 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
(09/06/18)
5-year average
(2014-18)
Region 09/06/19 08/30/19 net change implied flow Bcf % change Bcf % change
East 739 714 25 25 676 9.3 756 -2.2
Midwest 864 827 37 37 729 18.5 848 1.9
Mountain 183 177 6 6 165 10.9 191 -4.2
Pacific 275 276 -1 -1 249 10.4 303 -9.2
South Central 958 947 11 11 805 19.0 997 -3.9
   Salt 199 197 2 2 182 9.3 251 -20.7
   Nonsalt 759 749 10 10 623 21.8 746 1.7
Total 3,019 2,941 78 78 2,626 15.0 3,096 -2.5
Totals may not equal sum of components because of independent rounding.

This week, storage for Pacific 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 20.7% below the average.

Working gas in underground storage compared with the 5-year maximum and minimum - Oil and Gas 360

Source EIA

 


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