UPDATE: Natural Gas Inventory +81 bcf vs +77 bcf Expected

June 1, 2017 10:30 AM EDT
(Updated - June 1, 2017 10:31 AM EDT)

  • Natural Gas Inventory +81 bcf vs +77 bcf Expected

Working gas in storage was 2,525 Bcf as of Friday, May 26, 2017, according to EIA estimates. This represents a net increase of 81 Bcf from the previous week. Stocks were 370 Bcf less than last year at this time and 225 Bcf above the five-year average of 2,300 Bcf. At 2,525 Bcf, total working gas is within the five-year historical range.

Stocks
billion cubic feet (Bcf)
Year ago
(05/26/16)
5-year average
(2012-16)
Region05/26/1705/19/17net changeimplied flow Bcf% changeBcf% change
East419 390 29 29 533 -21.4 479 -12.5
Midwest585 562 23 23 651 -10.1 496 17.9
Mountain166 C166 0 4 C 177 -6.2 137 21.2
Pacific258 250 8 8 303 -14.9 282 -8.5
South Central1,097 1,076 21 21 1,231 -10.9 905 21.2
Salt342 338 4 4 370 -7.6 261 31.0
Nonsalt755 738 17 17 860 -12.2 644 17.2
Total2,525 C2,444 81 85 C 2,895 -12.8 2,300 9.8


C=Reclassification

Reclassifications from working gas to base gas resulted in decreased working gas stocks of approximately 4 Bcf in the Mountain region for the week ending May 26, 2017. The implied flow for the week is an increase of 85 Bcf to working gas stocks. (See Notes and Definitions for more information on "implied flow.")

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)
Region05/26/1705/19/17 net change
East1.8 1.8 1.0
Midwest1.4 1.4 0.8
Mountain2.4 3.7 2.6
Pacific4.4 5.0 1.2
South Central1.8 1.9 0.8
Salt3.8 3.9 0.6
Nonsalt2.0 2.0 0.5
Total1.0 1.1 3.2



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

You May Also Be Interested In





Related Categories

Commodities, ETFs, Economic Data