EIA: US NatGas Stocks Increased 49 Bcf in Wk to 2.738 Tcf

    

   CANYON LAKE, Texas (DTN) -- The Energy Information Administration today 
reported natural gas held in U.S. storage increased a less-than-expected 49 Bcf 
in the week-ended Aug. 9 to 2.738 Tcf, which is up 357 Bcf or 15% from the same 
time in 2018 but down 111 Bcf or about 4% from the five-year average of 2.849 
Tcf. 

   The 49 Bcf injection into domestic working gas during the week-ended Aug. 9 
matched the five-year average stock build but is above the 35 Bcf increase seen 
in the same week last year.

   South Central Region natural gas inventories dropped 2 Bcf in the week at 
939 Bcf while East Region stocks rose 21 Bcf to 634 Bcf. Versus the same time 
in 2018, South Central Region natural gas supplies were at near 17% surplus 
while East Region stocks were at a near 8% surplus. 

   EIA data showed Midwest Region natural gas inventories climbed 28 Bcf in the 
week-ended Aug. 9 to 729 Bcf, with stock levels up 128 Bcf or 21.3  versus the 
same time last year and 2 Bcf or 0.3% above the five-year average of 727 Bcf.

   Pacific Region natural gas supplies were unchanged in the week at 272 Bcf 
while Mountain Region stocks increased 3 Bcf to 164 Bcf. Versus five-year 
average levels, Pacific Region inventories were down 22 Bcf or 7.5% and 
Mountain Region stocks down 15 Bcf or 8.4%.

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