The US natural gas inventories decreased by 321 billion cubic feet (Bcf) during the week ended Jan. 24, surpassing expectations of a 317-Bcf decline.
Total natural gas reserves amounted to 2.57 trillion cubic feet, falling by 5.3% (about 144 Bcf), compared to the same period last year, data from the US Energy Information Administration showed today, Jan. 30.
The current inventories are 4.1% (almost 110 Bcf) lower, exceeding the five-year (2020-2024) average of 2.68 trillion cubic feet.
|
US Natural Gas Inventories (Bcf) |
||||
|
Item |
Last Year |
Last Week |
Current |
Weekly Change |
|
Natural gas |
2,715 |
2,892 |
2,571 |
(321) |
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