Close

UPDATE: Natural Gas Inventory -42 bcf vs -43 bcf Expected

December 8, 2016 10:30 AM EST
(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)
Region12/02/1611/25/16net changeimplied flow Bcf% changeBcf% change
East899 912 -13 -13 913 -1.5 889 1.1
Midwest1,112 1,130 -18 -18 1,090 2.0 1,038 7.1
Mountain256 258 -2 -2 205 24.9 203 26.1
Pacific323 328 -5 -5 365 -11.5 359 -10.0
South Central1,363 1,367 -4 -4 1,328 2.6 1,210 12.6
Salt403 400 3 3 379 6.3 320 25.9
Nonsalt960 967 -7 -7 948 1.3 889 8.0
Total3,953 3,995 -42 -42 3,902 1.3 3,699 6.9

Working Gas in Underground Storage Compared with Five-Year Range

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





Related Categories

Commodities, ETFs, Economic Data