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Weekly Natural Gas Storage Report

for week ending June 7, 2024   |   Released: June 13, 2024 at 10:30 a.m.   |   Next Release: June 21, 2024

Working gas in underground storage, Lower 48 states Summary text CSV JSN
    Historical Comparisons
Stocks
billion cubic feet (Bcf)
  Year ago
(06/07/23)
5-year average
(2019-23)
Region 06/07/24 05/31/24 net change implied flow   Bcf % change Bcf % change
East 603     575     28     28       568     6.2     485     24.3    
Midwest 712     688  R   24     24       624     14.1     558     27.6    
Mountain 224     218     6     6       145     54.5     138     62.3    
Pacific 276     273     3     3       173     59.5     232     19.0    
South Central 1,159     1,146     13     13       1,102     5.2     989     17.2    
   Salt 336     330     6     6       323     4.0     298     12.8    
   Nonsalt 823     817     6     6       779     5.6     692     18.9    
Total 2,974     2,900  R   74     74       2,610     13.9     2,401     23.9    
R=Revised.
Working gas stocks were revised to reflect resubmissions of data during the five-week period from May 3, 2024, to May 31, 2024, increasing stocks by 6 Bcf to 9 Bcf for each week during this period. The reported revisions caused the stocks for May 31, 2024, to change from 2,893 Bcf to 2,900 Bcf, and working gas stocks for the week ending May 24, 2024, changed from 2,795 Bcf to 2,804 Bcf. As a result, the implied net change between the weeks ending May 31, 2024, and May 24, 2024, changed from 98 Bcf to 96 Bcf. More information about the revised working gas levels can be found at: https://ir.eia.gov/ngs/ngshistory.xls.

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

Summary

Working gas in storage was 2,974 Bcf as of Friday, June 7, 2024, according to EIA estimates. This represents a net increase of 74 Bcf from the previous week. Stocks were 364 Bcf higher than last year at this time and 573 Bcf above the five-year average of 2,401 Bcf. At 2,974 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 06/07/24 05/31/24   net change
East 1.4     1.4       0.3    
Midwest 0.8     0.8       0.4    
Mountain 1.3     1.2       0.2    
Pacific 0.0     0.0       0.0    
South Central 0.6     0.6       1.0    
   Salt 1.5     1.5       0.9    
   Nonsalt 0.5     0.5       0.4    
Total 0.4     0.4       1.2    

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.