Natural Gas Inventories as of June 7, 2019

The EIA has released its natural gas inventory report, showing a build of 102 Bcf as of June 7.

Working gas in storage was 2,088 Bcf as of Friday, June 7, 2019, according to EIA estimates. This represents a net increase of 102 Bcf from the previous week. Stocks were 189 Bcf higher than last year at this time and 230 Bcf below the five-year average of 2,318 Bcf.

Weekly Gas Storage: Inventories Grow by 102 - Oil & Gas 360

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At 2,088 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
(06/07/18)
5-year average
(2014-18)
Region 06/07/19 05/31/19 net change implied flow Bcf % change Bcf % change
East 440 414 26 26 373 18.0 456 -3.5
Midwest 469 436 33 33 368 27.4 502 -6.6
Mountain 111 101 10 10 124 -10.5 147 -24.5
Pacific 227 213 14 14 238 -4.6 270 -15.9
South Central 842 821 21 21 796 5.8 942 -10.6
   Salt 256 256 0 0 251 2.0 286 -10.5
   Nonsalt 586 565 21 21 544 7.7 656 -10.7
Total 2,088 1,986 102 102 1,899 10.0 2,318 -9.9
Totals may not equal sum of components because of independent rounding.

 

All regions saw a build this week, however South Central salt remained flat. Stocks in every region are below the five-year average. Gas in storage in the Mountain region is the farthest below the five-year average for the area, at 24.5% below the average.

Weekly Gas Storage: Inventories Grow by 102 - Oil & Gas 360

Source: EIA

 


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