UPDATE: Natural Gas Inventory +75 bcf vs +71 bcf Expected

May 25, 2017 10:30 AM EDT
(Updated - May 25, 2017 10:30 AM EDT)

  • Natural Gas Inventory +75 bcf vs +71 bcf Expected

Working gas in storage was 2,444 Bcf as of Friday, May 19, 2017, according to EIA estimates. This represents a net increase of 75 Bcf from the previous week. Stocks were 371 Bcf less than last year at this time and 241 Bcf above the five-year average of 2,203 Bcf. At 2,444 Bcf, total working gas is within the five-year historical range.

Stocks
billion cubic feet (Bcf)
Year ago
(05/19/16)
5-year average
(2012-16)
Region05/19/1705/12/17net changeimplied flow Bcf% changeBcf% change
East390 367 23 23 508 -23.2 451 -13.5
Midwest562 540 22 22 626 -10.2 468 20.1
Mountain166 161 5 5 170 -2.4 132 25.8
Pacific250 244 6 6 297 -15.8 273 -8.4
South Central1,076 1,057 19 19 1,214 -11.4 879 22.4
Salt338 337 1 1 372 -9.1 254 33.1
Nonsalt738 720 18 18 842 -12.4 625 18.1
Total2,444 2,369 75 75 2,815 -13.2 2,203 10.9


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 2012 through 2016. 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)
Region05/19/1705/12/17 net change
East1.8 1.9 0.5
Midwest1.4 1.3 0.8
Mountain3.7 3.8 0.1
Pacific5.0 5.1 0.2
South Central1.9 1.9 0.6
Salt3.9 3.9 0.4
Nonsalt2.0 2.1 0.4
Total1.1 1.1 1.1



Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Commodities, ETFs, Economic Data