The volume of working gas injected into storage in the latest Energy Information Administration’s weekly survey rose less than 2% from the previous week, Kallanish Energy calculates.
For the week ended Aug. 9, 49 billion cubic feet (Bcf) of working gas was placed into storage, raising the total volume of stored working gas to 2.74 trillion cubic feet (Tcf). (All numbers are rounded.)
Stored working gas total continues rising
|Week ended||Stored working gas||Change from previous week|
|Aug. 9||2.74 trillion cubic feet||49 billion cubic feet|
|Aug. 2||2.69 Tcf||55 Bcf|
|July 19||2.57 Tcf||36 Bcf|
|July 12||2.53 Tcf||
(Source: Energy Information Administration)
The latest total of stored working gas was up 357 Bcf, or 15.0%, from the year-ago total of 2.38 Tcf, but was down 111 Bcf, or 3.9%, from the five-year average of 2.85 Tcf.
Just three of the five regions EIA divides the Lower 48 into when tracking working natural gas reported a week-to-week increase, while one region was down from the previous week, and one region recorded no change.
The largest week-to-week increase was in the Midwest region, up 28 Bcf, or 4%, from 701 Bcf, to 729 Bcf. The latest Midwest total was up 128 Bcf, or 21.3%, from the year-ago total of 601 Bcf, and was up just 2 Bcf, or 0.3%, from the five-year average of 727 Bcf.
The drop in stored working gas was reported in the South Central region, down 2 Bcf, or 0.2%, for a total of 939 Bcf. The latest South Central total was up 136 Bcf, or 16.9%, from the year-ago total of 803 Bcf, but was down 43 Bcf, or 4.4%, from the five-year average of 982 Bcf.
The Pacific region reported no change in stored working gas, remaining at 272 Bcf. The latest Pacific total was up 32 Bcf, or 13.3%, from the year-ago total of 240 Bcf, but was down 22 Bcf, or 7.5%, from the five-year average of 294 Bcf.
This post appeared first on Kallanish Energy News.