UPDATE: Natural Gas Inventory -42 bcf vs -43 bcf Expected
(Updated - December 8, 2016 10:30 AM EST)
- Natural Gas Inventory -42 bcf vs -43 bcf Expected
Working gas in storage was 3,953 Bcf as of Friday, December 2, 2016, according to EIA estimates. This represents a net decline of 42 Bcf from the previous week. Stocks were 51 Bcf higher than last year at this time and 254 Bcf above the five-year average of 3,699 Bcf. At 3,953 Bcf, total working gas is above the five-year historical range.
Stocks billion cubic feet (Bcf) | Year ago (12/02/15) | 5-year average (2011-15) | |||||||||||||||||||||||
Region | 12/02/16 | 11/25/16 | net change | implied flow | Bcf | % change | Bcf | % change | |||||||||||||||||
East | 899 | 912 | -13 | -13 | 913 | -1.5 | 889 | 1.1 | |||||||||||||||||
Midwest | 1,112 | 1,130 | -18 | -18 | 1,090 | 2.0 | 1,038 | 7.1 | |||||||||||||||||
Mountain | 256 | 258 | -2 | -2 | 205 | 24.9 | 203 | 26.1 | |||||||||||||||||
Pacific | 323 | 328 | -5 | -5 | 365 | -11.5 | 359 | -10.0 | |||||||||||||||||
South Central | 1,363 | 1,367 | -4 | -4 | 1,328 | 2.6 | 1,210 | 12.6 | |||||||||||||||||
Salt | 403 | 400 | 3 | 3 | 379 | 6.3 | 320 | 25.9 | |||||||||||||||||
Nonsalt | 960 | 967 | -7 | -7 | 948 | 1.3 | 889 | 8.0 | |||||||||||||||||
Total | 3,953 | 3,995 | -42 | -42 | 3,902 | 1.3 | 3,699 | 6.9 | |||||||||||||||||
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- KeyBanc raises oil price forecast for 2024 and 2025
- Outlook for sterling could be impacted as Bank of England set to cut rates before the Fed
- Analyst comments after global aluminium output recovers
Create E-mail Alert Related Categories
Commodities, ETFs, Economic DataSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!