UPDATE: Natural Gas Inventory -113 bcf vs -99 bcf Expected
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E-mail- Natural Gas Inventory -113 bcf vs -99 bcf Expected
Working gas in storage was 3,643 Bcf as of Friday, January 1, 2016, according to EIA estimates. This represents a net decline of 113 Bcf from the previous week. Stocks were 535 Bcf higher than last year at this time and 464 Bcf above the five-year average of 3,179 Bcf. At 3,643 Bcf, total working gas is above the five-year historical range.
| Historical Comparisons | |||||||||||||||||||||||||
| Stocks billion cubic feet (Bcf) | Year ago (01/01/15) | 5-year average (2011-15) | |||||||||||||||||||||||
| Region | 01/01/16 | 12/25/15 | net change | implied flow | Bcf | % change | Bcf | % change | |||||||||||||||||
| East | 857 | 876 | -19 | -19 | 741 | 15.7 | 756 | 13.4 | |||||||||||||||||
| Midwest | 983 | 1,025 | -42 | -42 | 854 | 15.1 | 866 | 13.5 | |||||||||||||||||
| Mountain | 185 | 195 | -10 | -10 | 154 | 20.1 | 180 | 2.8 | |||||||||||||||||
| Pacific | 313 | 338 | -25 | -25 | 315 | -0.6 | 302 | 3.6 | |||||||||||||||||
| South Central | 1,305 | C | 1,322 | -17 | -21 | C | 1,045 | 24.9 | 1,077 | 21.2 | |||||||||||||||
| Salt | 379 | 378 | 1 | 1 | 325 | 16.6 | 266 | 42.5 | |||||||||||||||||
| Nonsalt | 925 | C | 944 | -19 | -23 | C | 720 | 28.5 | 811 | 14.1 | |||||||||||||||
| Total | 3,643 | C | 3,756 | -113 | -117 | C | 3,108 | 17.2 | 3,179 | 14.6 | |||||||||||||||
C=Reclassification. | |||||||||||||||||||||||||
Reclassifications from base gas to working gas resulted in increased working gas stocks of approximately 4 Bcf in the South Central Nonsalt region for the week ending January 1, 2016. The implied flow for the week is a decrease of 117 Bcf to working gas stocks. (See Notes and Definitions for more information on “implied flow.”)
Note: The shaded area indicates the range between the historical minimum and maximum values for the weekly series from 2011 through 2015. The dashed vertical lines indicate current and year-ago weekly periods.
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