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Weekly Gas Storage: Inventories decrease by 87 Bcf
The EIA has released its natural gas inventory report, showing a net decrease of 87 Bcf as of December 15, 2023. Working gas in storage was 3,577 Bcf as of Friday, December 15, 2023, according to EIA estimates. This represents a net decrease of 87 Bcf from the previous week. Stocks were 240Bcf higher than last year at this time and 280 Bcf above the five-year average of 3,297Bcf. At 3,577 Bcf, total working gas is within the five-year historical range. Totals may not equal sum of components because of independent rounding. Totals may not equal sum of components because of independent rounding. All regions experienced ... (full story)