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Weekly Natural Gas Storage Report

for week ending March 15, 2024   |   Released: March 21, 2024 at 10:30 a.m.   |   Next Release: March 28, 2024

Working gas in underground storage, Lower 48 states Summary text CSV JSN
    Historical Comparisons
Stocks
billion cubic feet (Bcf)
  Year ago
(03/15/23)
5-year average
(2019-23)
Region 03/15/24 03/08/24 net change implied flow   Bcf % change Bcf % change
East 406     412     -6     -6       365     11.2     323     25.7    
Midwest 551     561     -10     -10       469     17.5     397     38.8    
Mountain 166     167     -1     -1       85     95.3     88     88.6    
Pacific 216     213     3     3       72     200.0     144     50.0    
South Central 993     972     21     21       929     6.9     701     41.7    
   Salt 300     294     6     6       263     14.1     202     48.5    
   Nonsalt 694     678     16     16       665     4.4     499     39.1    
Total 2,332     2,325     7     7       1,921     21.4     1,654     41.0    

Totals may not equal sum of components because of independent rounding.

Summary

Working gas in storage was 2,332 Bcf as of Friday, March 15, 2024, according to EIA estimates. This represents a net increase of 7 Bcf from the previous week. Stocks were 411 Bcf higher than last year at this time and 678 Bcf above the five-year average of 1,654 Bcf. At 2,332 Bcf, total working gas is above 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 2019 through 2023. 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 03/15/24 03/08/24   net change
East 1.3     1.3       0.3    
Midwest 0.6     0.7       0.3    
Mountain 1.2     1.0       0.2    
Pacific 0.0     0.0       0.0    
South Central 0.6     0.5       0.9    
   Salt 1.3     1.2       0.7    
   Nonsalt 0.6     0.6       0.5    
Total 0.4     0.4       1.0