UPDATE: Natural Gas Inventory -113 bcf vs -99 bcf Expected

(Updated - January 7, 2016 10:31 AM EST)

• Natural Gas Inventory -113 bcf vs -99 bcf Expected

Working gas in storage was 3,643 Bcf as of Friday, January 1, 2016, according to EIA estimates. This represents a net decline of 113 Bcf from the previous week. Stocks were 535 Bcf higher than last year at this time and 464 Bcf above the five-year average of 3,179 Bcf. At 3,643 Bcf, total working gas is above the five-year historical range.

													Historical Comparisons
Stocks billion cubic feet (Bcf)													Year ago (01/01/15)						5-year average (2011-15)
Region	01/01/16			12/25/15			net change			implied flow				Bcf			% change			Bcf			% change
East	857			876			-19			-19				741			15.7			756			13.4
Midwest	983			1,025			-42			-42				854			15.1			866			13.5
Mountain	185			195			-10			-10				154			20.1			180			2.8
Pacific	313			338			-25			-25				315			-0.6			302			3.6
South Central	1,305		C	1,322			-17			-21		C		1,045			24.9			1,077			21.2
Salt	379			378			1			1				325			16.6			266			42.5
Nonsalt	925		C	944			-19			-23		C		720			28.5			811			14.1
Total	3,643		C	3,756			-113			-117		C		3,108			17.2			3,179			14.6
C=Reclassification.

Reclassifications from base gas to working gas resulted in increased working gas stocks of approximately 4 Bcf in the South Central Nonsalt region for the week ending January 1, 2016. The implied flow for the week is a decrease of 117 Bcf to working gas stocks. (See Notes and Definitions for more information on “implied flow.”)

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.

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