UPDATE: Natural Gas Inventory +80 bcf vs +71 bcf Expected

October 6, 2016 10:30 AM EDT

Get instant alerts when news breaks on your stocks. Claim your 2-week free trial to StreetInsider Premium here.
(Updated - October 6, 2016 10:31 AM EDT)

Natural Gas Inventory +80 bcf vs +71 bcf Expected

Working gas in storage was 3,680 Bcf as of Friday, September 30, 2016, according to EIA estimates. This represents a net increase of 80 Bcf from the previous week. Stocks were 74 Bcf higher than last year at this time and 205 Bcf above the five-year average of 3,475 Bcf. At 3,680 Bcf, total working gas is above the five-year historical range.

billion cubic feet (Bcf) Year ago
(09/30/15)
5-year average
(2011-15)
Region09/30/1609/23/16net changeimplied flow Bcf% changeBcf% change
East899 874 25 25 856 5.0 860 4.5
Midwest1,045 1,014 31 31 975 7.2 982 6.4
Mountain237 233 4 4 205 15.6 197 20.3
Pacific318 318 0 0 358 -11.2 343 -7.3
South Central1,181 1,161 20 20 1,213 -2.6 1,091 8.2
Salt289 275 14 14 328 -11.9 257 12.5
Nonsalt893 885 8 8 885 0.9 834 7.1
Total3,680 3,600 80 80 3,606 2.1 3,475 5.9

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