UPDATE: Natural Gas Inventory +30 bcf vs +29 bcf Expected

November 17, 2016 10:30 AM EST

Get the Pulse of the Market with StreetInsider.com's Pulse Picks. Get your Free Trial here.
(Updated - November 17, 2016 10:31 AM EST)

  • Natural Gas Inventory +30 bcf vs +29 bcf Expected

Working gas in storage was 4,047 Bcf as of Friday, November 11, 2016, according to EIA estimates. This represents a net increase of 30 Bcf from the previous week. Stocks were 51 Bcf higher than last year at this time and 216 Bcf above the five-year average of 3,831 Bcf. At 4,047 Bcf, total working gas is above the five-year historical range.

Historical Comparisons
Stocks
billion cubic feet (Bcf)
Year ago
(11/11/15)
5-year average
(2011-15)
Region11/11/1611/04/16net changeimplied flow Bcf% changeBcf% change
East944 946 -2 -2 933 1.2 926 1.9
Midwest1,155 1,148 7 7 1,122 2.9 1,093 5.7
Mountain257 253 4 4 215 19.5 209 23.0
Pacific328 327 1 1 381 -13.9 369 -11.1
South Central1,363 1,343 20 20 1,345 1.3 1,234 10.5
Salt394 385 9 9 376 4.8 321 22.7
Nonsalt969 958 11 11 969 0.0 913 6.1
Total4,047 4,017 30 30 3,996 1.3 3,831 5.6

Working Gas in Underground Storage Compared with Five-Year Range

Note: The shaded area indicates the range between the historical minimum and maximum values for the weekly series from 2011 through 2015. The dashed vertical lines indicate current and year-ago weekly periods.



Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In






Related Categories

Commodities, ETFs, Economic Data

Add Your Comment