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Natural Gas Inventory -63 bcf vs -73 bcf Expected

March 29, 2018 10:30 AM EDT

Natural Gas Inventory -63 bcf vs -73 bcf Expected

Stocks
billion cubic feet (Bcf)
Year ago
(03/23/17)
5-year average
(2013-17)
Region03/23/1803/16/18net changeimplied flow Bcf% changeBcf% change
East242 270 -28 -28 282 -14.2 300 -19.3
Midwest284 315 -31 -31 489 -41.9 370 -23.2
Mountain88 90 -2 -2 140 -37.1 123 -28.5
Pacific166 169 -3 -3 211 -21.3 218 -23.9
South Central603 602 1 1 932 -35.3 718 -16.0
Salt181 182 -1 -1 290 -37.6 194 -6.7
Nonsalt422 419 3 3 643 -34.4 525 -19.6
Total1,383 1,446 -63 -63 2,055 -32.7 1,729 -20.0

Summary

Working gas in storage was 1,383 Bcf as of Friday, March 23, 2018, according to EIA estimates. This represents a net decrease of 63 Bcf from the previous week. Stocks were 672 Bcf less than last year at this time and 346 Bcf below the five-year average of 1,729 Bcf. At 1,383 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)
Region03/23/1803/16/18 net change
East2.1 2.0 0.5
Midwest1.9 1.7 2.2
Mountain1.7 1.6 0.2
Pacific2.6 2.6 0.1
South Central2.1 2.1 0.9
Salt2.9 3.0 0.8
Nonsalt2.8 2.7 0.5
Total1.1 1.1 2.4



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