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Weekly Gas Storage: Inventories increase by 99 Bcf

Weekly Gas Storage: Inventories increase by 99 Bcf


Natural Gas Inventories as of May 12, 2023

The EIA has released its natural gas inventory report, showing a net increase of 99 Bcf as of May 12, 2023.

Working gas in storage was 2,240 Bcf as of Friday, May 12, 2023, according to EIA estimates. This represents a net increase of 99 Bcf from the previous week. Stocks were 521 Bcf higher than last year at this time and 340 Bcf above the five-year average of 1,900 Bcf.

At 2,240 Bcf, total working gas is within the five-year historical range.

 

Weekly Gas Storage: Inventories increase by 99 Bcf

Oil and Gas 360

 

Working gas in underground storage, Lower 48 states
Historical Comparisons
Stocks
billion cubic feet (Bcf)
Year ago
(5/12/23)
5-year average
(2017-21)
Region 5/12/23
5/05/23 net change implied flow Bcf % change Bcf % change
East 458 422 36 36 293 56.3 345 32.8
Midwest 520 497 23 23 361 44.0 402 29.4
Mountain 112 104 8 8 102 9.8 108 3.7
Pacific 127 114 13 13 186 -31.7 212 -40.1
South Central 1,023 1,002 21 21 776 31.8 833 22.8
   Salt 290 287 3 3 250 16.0 266 9.0
   Nonsalt 734 715 19 19 528 39.0 567 29.5
Total 2,240 2,141 99 99 1,719 30.3
1,900 17.9
Totals may not equal sum of components because of independent rounding.

All regions experienced a net increase.

All regions, except for the the Pacific regions are above the five-year average.

 

 


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