Back to mobile site

Natural Gas Inventory -19 bcf vs -12 bcf Expected

April 12, 2018 10:30 AM EDT

Natural Gas Inventory -19 bcf vs -12 bcf Expected

Historical Comparisons
Stocks
billion cubic feet (Bcf)
Year ago
(04/06/17)
5-year average
(2013-17)
Region04/06/1803/30/18net changeimplied flow Bcf% changeBcf% change
East217 229 -12 -12 266 -18.4 280 -22.5
Midwest246 266 -20 -20 476 -48.3 352 -30.1
Mountain83 87 -4 -4 141 -41.1 122 -32.0
Pacific171 166 5 5 220 -22.3 225 -24.0
South Central618 606 12 12 955 -35.3 732 -15.6
Salt196 188 8 8 300 -34.7 206 -4.9
Nonsalt422 419 3 3 655 -35.6 527 -19.9
Total1,335 1,354 -19 -19 2,060 -35.2 1,710 -21.9

Withdrawals from base gas are reflected in the working gas inventories reported in this week's report.

Summary

Working gas in storage was 1,335 Bcf as of Friday, April 6, 2018, according to EIA estimates. This represents a net decrease of 19 Bcf from the previous week. Stocks were 725 Bcf less than last year at this time and 375 Bcf below the five-year average of 1,710 Bcf. At 1,335 Bcf, total working gas is within 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 2013 through 2017. 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)
Region04/06/1803/30/18 net change
East2.3 2.2 0.3
Midwest1.8 1.7 0.4
Mountain2.2 2.0 0.3
Pacific2.5 2.6 0.7
South Central2.1 2.1 0.6
Salt2.6 2.6 0.4
Nonsalt2.8 2.8 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