UPDATE: Natural Gas Inventory +22 bcf vs +27 bcf Expected

(Updated - August 18, 2016 10:31 AM EDT)

• Natural Gas Inventory +22 bcf vs +27 bcf Expected

Working gas in storage was 3,339 Bcf as of Friday, August 12, 2016, according to EIA estimates. This represents a net increase of 22 Bcf from the previous week. Stocks were 327 Bcf higher than last year at this time and 405 Bcf above the five-year average of 2,934 Bcf. At 3,339 Bcf, total working gas is above the five-year historical range.

													Historical Comparisons
Stocks billion cubic feet (Bcf)													Year ago (08/12/15)						5-year average (2011-15)
Region	08/12/16			08/05/16			net change			implied flow				Bcf			% change			Bcf			% change
East	763			746			17			17				697			9.5			708			7.8
Midwest	861			845			16			16				732			17.6			758			13.6
Mountain	217			215			2			2				178			21.9			170			27.6
Pacific	313			314			-1			-1				345			-9.3			328			-4.6
South Central	1,185			1,197			-12			-12				1,060			11.8			969			22.3
Salt	305			313			-8			-8				287			6.3			224			36.2
Nonsalt	881			884			-3			-3				772			14.1			745			18.3
Total	3,339			3,317			22			22				3,012			10.9			2,934			13.8

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

• 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
• New Home Sales (Mar) 693K vs 669K Expected