UPDATE: Natural Gas Inventory +43 bcf vs +46 bcf Expected

August 24, 2017 10:30 AM EDT
(Updated - August 24, 2017 10:30 AM EDT)

Natural Gas Inventory +43 bcf vs +46 bcf Expected

Historical Comparisons
Stocks
billion cubic feet (Bcf)
Year ago
(08/18/16)
5-year average
(2012-16)
Region08/18/1708/11/17net changeimplied flow Bcf% changeBcf% change
East728 701 27 27 773 -5.8 737 -1.2
Midwest821 798 23 23 873 -6.0 804 2.1
Mountain206 204 2 2 219 -5.9 184 12.0
Pacific296 292 4 4 310 -4.5 331 -10.6
South Central1,074 1,087 -13 -13 1,173 -8.4 1,025 4.8
Salt274 283 -9 -9 294 -6.8 254 7.9
Nonsalt800 804 -4 -4 879 -9.0 770 3.9
Total3,125 3,082 43 43 3,348 -6.7 3,080 1.5

Summary

Working gas in storage was 3,125 Bcf as of Friday, August 18, 2017, according to EIA estimates. This represents a net increase of 43 Bcf from the previous week. Stocks were 223 Bcf less than last year at this time and 45 Bcf above the five-year average of 3,080 Bcf. At 3,125 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 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)
Region08/18/1708/11/17 net change
East1.4 1.4 0.7
Midwest1.4 1.4 0.9
Mountain1.6 1.6 0.5
Pacific2.9 2.7 0.7
South Central1.7 1.7 0.9
Salt3.5 3.5 0.7
Nonsalt1.9 1.9 0.5
Total0.8 0.8 1.7



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

You May Also Be Interested In





Related Categories

Commodities, ETFs, Economic Data