Natural Gas Inventory -59 bcf vs -76 bcf Expected

November 29, 2018 10:30 AM EST

Natural Gas Inventory -59 bcf vs -76 bcf Expected

Working gas in underground storage, Lower 48 statesSummary text CSV JSN
Historical Comparisons
Stocks
billion cubic feet (Bcf)
Year ago
(11/23/17)
5-year average
(2013-17)
Region11/23/1811/16/18net changeimplied flow Bcf% changeBcf% change
East778 803 -25 -25 878 -11.4 893 -12.9
Midwest938 959 -21 -21 1,071 -12.4 1,069 -12.3
Mountain171 174 -3 -3 221 -22.6 216 -20.8
Pacific254 258 -4 -4 314 -19.1 347 -26.8
South Central914 919 -5 -5 1,214 -24.7 1,249 -26.8
Salt259 251 8 8 347 -25.4 352 -26.4
Nonsalt654 668 -14 -14 867 -24.6 896 -27.0
Total3,054 3,113 -59 -59 3,698 -17.4 3,774 -19.1

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

Summary

Working gas in storage was 3,054 Bcf as of Friday, November 23, 2018, according to EIA estimates. This represents a net decrease of 59 Bcf from the previous week. Stocks were 644 Bcf less than last year at this time and 720 Bcf below the five-year average of 3,774 Bcf. At 3,054 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 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)
Region11/23/1811/16/18 net change
East0.9 0.9 0.3
Midwest0.9 0.9 0.4
Mountain1.5 1.5 0.1
Pacific0.0 0.0 0.0
South Central0.6 0.6 0.6
Salt1.9 1.9 0.3
Nonsalt0.5 0.4 0.5
Total0.4 0.4 0.8



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