UPDATE: Natural Gas Inventory +56 bcf vs +58 bcf Expected

(Updated - May 12, 2016 10:31 AM EDT)

Natural Gas Inventory +56 bcf vs +58 bcf Expected

Working gas in storage was 2,681 Bcf as of Friday, May 6, 2016, according to EIA estimates. This represents a net increase of 56 Bcf from the previous week. Stocks were 816 Bcf higher than last year at this time and 813 Bcf above the five-year average of 1,868 Bcf. At 2,681 Bcf, total working gas is above the five-year historical range.

Working gas in underground storage, Lower 48 statesSummary text CSV JSN
														Historical Comparisons
	Stocks billion cubic feet (Bcf)													Year ago (05/06/15)						5-year average (2011-15)
Region	05/06/16			04/29/16			net change			implied flow				Bcf			% change			Bcf			% change
East	468			454			14			14				332			41.0			375			24.8
Midwest	582			566			16			16				331			75.8			385			51.2
Mountain	161			157			4			4				122			32.0			115			40.0
Pacific	288			284			4			4				291			-1.0			234			23.1
South Central	1,182			1,164			18			18				789			49.8			759			55.7
Salt	368			362			6			6				237			55.3			194			89.7
Nonsalt	813			802			11			11				552			47.3			565			43.9
Total	2,681			2,625			56			56				1,865			43.8			1,868			43.5

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

• Natural Gas Inventory 92 bcf vs 84 bcf Expected
• KeyBanc raises oil price forecast for 2024 and 2025
• Natural Gas ETFs Quickly Spike to Highs