UPDATE: Natural Gas Inventory +49 bcf vs +55 bcf Expected
(Updated - September 29, 2016 10:30 AM EDT)
Natural Gas Inventory +49 bcf vs +55 bcf Expected
Working gas in storage was 3,600 Bcf as of Friday, September 23, 2016, according to EIA estimates. This represents a net increase of 49 Bcf from the previous week. Stocks were 90 Bcf higher than last year at this time and 220 Bcf above the five-year average of 3,380 Bcf. At 3,600 Bcf, total working gas is above the five-year historical range.
Historical Comparisons | |||||||||||||||||||||||||
Stocks billion cubic feet (Bcf) | Year ago (09/23/15) | 5-year average (2011-15) | |||||||||||||||||||||||
Region | 09/23/16 | 09/16/16 | net change | implied flow | Bcf | % change | Bcf | % change | |||||||||||||||||
East | 874 | 851 | 23 | 23 | 830 | 5.3 | 837 | 4.4 | |||||||||||||||||
Midwest | 1,014 | 985 | 29 | 29 | 942 | 7.6 | 950 | 6.7 | |||||||||||||||||
Mountain | 233 | 230 | 3 | 3 | 200 | 16.5 | 193 | 20.7 | |||||||||||||||||
Pacific | 318 | 318 | 0 | 0 | 354 | -10.2 | 338 | -5.9 | |||||||||||||||||
South Central | 1,161 | 1,167 | -6 | -6 | 1,183 | -1.9 | 1,062 | 9.3 | |||||||||||||||||
Salt | 275 | 278 | -3 | -3 | 318 | -13.5 | 247 | 11.3 | |||||||||||||||||
Nonsalt | 885 | 889 | -4 | -4 | 864 | 2.4 | 815 | 8.6 | |||||||||||||||||
Total | 3,600 | 3,551 | 49 | 49 | 3,510 | 2.6 | 3,380 | 6.5 | |||||||||||||||||
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Crude Inventory Declined 6.4 Million Barrels Last Week
- EUR/USD could stay on a holding pattern until key US data, analyst says
- 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!