The U.S. Energy Information Administration issued the following weekly estimates of U.S. working gas in underground storage.
Traders surveyed by Reuters before the report was released had expected U.S. weekly natural gas stocks would be down 173 bcf in the latest week.
The EIA survey sample measures the relative volume of the respondent population compared with the total for all underground storage units. The sample coverage may vary if companies fail to report or the sample population changes.It is calculated as the sum of the volume for reporting respondents in the current week divided by the volume for all underground storage units.
In billion cubic feet except where noted:
Stocks (BCF) Year ago 5-Year average
Region 01/07/2022 12/31/2021 net change implied (Bcf) % change (Bcf) % change
flow
East 730 767 -37 -37 732 -0.3 688 6.1
Midwest 835 893 -58 -58 885 -5.6 823 1.5
Mountain 159 172 -13 -13 189 -15.9 168 -5.4
Pacific 204 219 -15 -15 279 -26.9 246 -17.1
South Central 1,088 1,143 -55 -55 1,131 -3.8 1,019 6.8
Salt 330 347 -17 -17 328 0.6 302 9.3
Nonsalt 759 796 -37 -37 803 -5.5 717 5.9
Total 3,016 3,195 -179 -179 3,215 -6.2 2,944 2.4
Source: Reuters