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Some natural gas storage operators have reported net withdrawals from base gas, beginning with the week ending April 6, 2018. The cumulative net withdrawals of base gas were treated as negative working gas stocks and are reflected in the working gas inventories. As a result, a small portion of this week’s reported net change includes flows from base gas.
Summary
Working gas in storage was 1,281 Bcf as of Friday, April 20, 2018, according to EIA estimates. This represents a net decrease of 18 Bcf from the previous week. Stocks were 897 Bcf less than last year at this time and 527 Bcf below the five-year average of 1,808 Bcf. At 1,281 Bcf, total working gas is within the five-year historical range.
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