UPDATE: Natural Gas Inventory +45 bcf vs +55 bcf Expected
Tweet
Share
E-mail- Natural Gas Inventory +45 bcf vs +55 bcf Expected
Working gas in storage was 2,301 Bcf as of Friday, May 5, 2017, according to EIA estimates. This represents a net increase of 45 Bcf from the previous week. Stocks were 372 Bcf less than last year at this time and 275 Bcf above the five-year average of 2,026 Bcf. At 2,301 Bcf, total working gas is within the five-year historical range.
| Historical Comparisons | |||||||||||||||||||||||||
| Stocks billion cubic feet (Bcf) | Year ago (05/05/16) | 5-year average (2012-16) | |||||||||||||||||||||||
| Region | 05/05/17 | 04/28/17 | net change | implied flow | Bcf | % change | Bcf | % change | |||||||||||||||||
| East | 350 | 325 | 25 | 25 | 466 | -24.9 | 396 | -11.6 | |||||||||||||||||
| Midwest | 524 | 519 | 5 | 5 | 580 | -9.7 | 418 | 25.4 | |||||||||||||||||
| Mountain | 155 | 153 | 2 | 2 | 160 | -3.1 | 126 | 23.0 | |||||||||||||||||
| Pacific | 238 | 233 | 5 | 5 | 287 | -17.1 | 257 | -7.4 | |||||||||||||||||
| South Central | 1,034 | 1,026 | 8 | 8 | 1,179 | -12.3 | 830 | 24.6 | |||||||||||||||||
| Salt | 331 | 329 | 2 | 2 | 367 | -9.8 | 235 | 40.9 | |||||||||||||||||
| Nonsalt | 702 | 697 | 5 | 5 | 811 | -13.4 | 594 | 18.2 | |||||||||||||||||
| Total | 2,301 | 2,256 | 45 | 45 | 2,673 | -13.9 | 2,026 | 13.6 | |||||||||||||||||
For information on sampling error in this report, see Estimated Measures of Sampling Variability table below.
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) | ||||||||||
| Region | 05/05/17 | 04/28/17 | net change | ||||||||
| East | 1.9 | 1.9 | 0.7 | ||||||||
| Midwest | 1.3 | 1.3 | 0.4 | ||||||||
| Mountain | 3.9 | 3.9 | 0.3 | ||||||||
| Pacific | 5.4 | 5.5 | 0.4 | ||||||||
| South Central | 1.9 | 1.9 | 0.7 | ||||||||
| Salt | 3.9 | 3.9 | 0.6 | ||||||||
| Nonsalt | 2.1 | 2.2 | 0.3 | ||||||||
| Total | 1.1 | 1.2 | 1.2 | ||||||||
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Natural Gas Inventory 87 bcf vs 81 bcf Expected
- ADP Employment Change (Jun) 98K vs 120K Expected
- Construction Spending (May MoM) 0.1% vs 0.1% Expected
Create E-mail Alert Related Categories
Commodities, ETFs, Economic DataSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
