EIA: US NatGas Stocks Up about-as-Expected 102 Bcf in Week
6/04 9:51 AM
EIA: US NatGas Stocks Up about-as-Expected 102 Bcf in Week CANYON LAKE, Texas (DTN) -- The Energy Information Administration today reported natural gas held in U.S. storage rose an about-as-expected 102 Bcf in the week-ended May 29 to 2.714 Tcf, which is up 762 Bcf or 39% from the same time in 2019 and 422 Bcf or 18.4% above the five-year average of 2.292 Tcf. The estimated 102 Bcf increase in domestic working gas compares with a 118 Bcf stock injection in the same week last year and a five-year average build of 103 Bcf. East region natural gas inventories rose 32 Bcf in the week-ended May 29 to 536 Bcf, which is up 131 Bcf or 32.3% from the same time in 2019 and 103 Bcf or 23.8% above the five-year average level. Midwest region natural gas stocks increased 28 Bcf in the week-ended May 29 at 634 Bcf while South Central region supplies were rose 26 Bcf to 1.131 Tcf. Versus five-year average levels, Midwest region supplies are up 145 Bcf or 29.7% and South Central region stocks are up 165 Bcf or 17.1%, EIA data shows. Natural gas inventories in the Pacific region increased 9 Bcf in the week at 264 Bcf, which is up 64 Bcf or 30.6% from a year ago and 9 Bcf or 3.4% above the five-year average. Mountain region supplies at 140 Bcf on May 29 are up 8 Bcf from the week prior and 41 Bcf or 41.4% higher than a year ago while flat compared to the five-year average level, EIA data shows. (c) Copyright 2020 DTN, LLC. All rights reserved.
 
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