Natural Gas Inventory -91 bcf vs -65 bcf Expected

January 10, 2019 10:30 AM EST

Natural Gas Inventory -91 bcf vs -65 bcf Expected

Stocks
billion cubic feet (Bcf)
Year ago
(01/04/18)
5-year average
(2014-18)
Region01/04/1912/28/18net changeimplied flow Bcf% changeBcf% change
East651 661 -10 -10 675 -3.6 720 -9.6
Midwest763 798 -35 -35 792 -3.7 835 -8.6
Mountain132 C147 -15 -11 C 169 -21.9 173 -23.7
Pacific204 220 -16 -16 253 -19.4 279 -26.9
South Central865 878 -13 -13 929 -6.9 1,070 -19.2
Salt302 296 6 6 235 28.5 303 -0.3
Nonsalt563 582 -19 -19 694 -18.9 766 -26.5
Total2,614 C2,705 -91 -87 C 2,818 -7.2 3,078 -15.1



C=Reclassification.
Reclassifications from working gas to base gas resulted in decreased working gas stocks of approximately 4 Bcf in the Mountain region for the week ending January 4, 2019. The implied flow for the week is a decrease of 87 Bcf to Lower 48 working gas stocks. (See Notes and Definitions for more information on "implied flow.")


Totals may not equal sum of components because of independent rounding.

Summary

Working gas in storage was 2,614 Bcf as of Friday, January 4, 2019, according to EIA estimates. This represents a net decrease of 91 Bcf from the previous week. Stocks were 204 Bcf less than last year at this time and 464 Bcf below the five-year average of 3,078 Bcf. At 2,614 Bcf, total working gas is below the five-year historical range.

For information on sampling error in this report, see Estimated Measures of Sampling Variability table below.

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 2014 through 2018. The dashed vertical lines indicate current and year-ago weekly periods.



Estimated measures of sampling variabilityDownload History (April 2015 to Present)
Coefficient of Variation for Stocks
% of working gas
Standard Error for Net Change
billion cubic feet (Bcf)
Region01/04/1912/28/18 net change
East1.1 1.1 0.6
Midwest0.8 0.9 0.8
Mountain1.2 1.2 0.2
Pacific0.0 0.0 0.0
South Central0.8 0.7 1.0
Salt1.8 1.8 0.8
Nonsalt0.6 0.6 0.7
Total0.5 0.4 1.4



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