The US natural gas inventories decreased by 125 billion cubic feet (Bcf) during the week ended Dec. 13, above expectations of a 123-Bcf decline.
Total natural gas reserves amounted to 3.62 trillion cubic feet, an increase of 0.6%, or about 20 Bcf, compared to the same period last year, showed the data from the US Energy Information Administration.
The current inventories are higher by 3.8%, or about 132 Bcf, above the five-year average (2019-2023) of 3.49 trillion cubic feet.
US Natural Gas Inventories (Bcf) |
||||
Item |
Last Year |
Last Week |
Current |
Weekly Change |
Natural gas |
3,602 |
3,747 |
3,622 |
(125) |
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