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Weekly Natural Gas Storage Report

for week ending February 16, 2024   |   Released: February 22, 2024 at 10:30 a.m.   |   Next Release: February 29, 2024

Working gas in underground storage, Lower 48 states Summary text CSV JSN
    Historical Comparisons
Stocks
billion cubic feet (Bcf)
  Year ago
(02/16/23)
5-year average
(2019-23)
Region 02/16/24 02/09/24 net change implied flow   Bcf % change Bcf % change
East 505     532  R   -27     -27       482     4.8     449     12.5    
Midwest 631     662     -31     -31       579     9.0     528     19.5    
Mountain 173     178     -5     -5       107     61.7     109     58.7    
Pacific 217     222     -5     -5       110     97.3     170     27.6    
South Central 944     936     8     8       927     1.8     764     23.6    
   Salt 278     271     7     7       262     6.1     218     27.5    
   Nonsalt 666     665     1     1       665     0.2     546     22.0    
Total 2,470     2,530  R   -60     -60       2,205     12.0     2,019     22.3    
R=Revised.
The reported revision caused the stocks for February 09, 2024 to change from 2,535 Bcf to 2,530 Bcf. As a result, the implied net change between the weeks ending February 02 and February 09 changed from -49 Bcf to -54 Bcf.

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

Summary

Working gas in storage was 2,470 Bcf as of Friday, February 16, 2024, according to EIA estimates. This represents a net decrease of 60 Bcf from the previous week. Stocks were 265 Bcf higher than last year at this time and 451 Bcf above the five-year average of 2,019 Bcf. At 2,470 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 02/16/24 02/09/24   net change
East 1.3     1.2       0.6    
Midwest 0.7     0.7       0.4    
Mountain 0.9     0.9       0.3    
Pacific 0.0     0.0       0.0    
South Central 0.5     0.5       0.6    
   Salt 0.8     0.8       0.4    
   Nonsalt 0.6     0.6       0.5    
Total 0.4     0.4       1.0    

Note: Estimated measures of sampling variability reflect the data currently available at the time of the WNGSR release. As a result, revisions and other data updates may affect published standard errors and coefficients of variation.