The US natural gas inventories decreased by 196 billion cubic feet (Bcf) during the week ended Feb. 14, surpassing expectations of a 191-Bcf decline.
Total natural gas reserves amounted to 2.101 trillion cubic feet, falling by 15.5% (about 386 Bcf), compared to the same period last year, data from the US Energy Information Administration showed today, Feb. 20.
The current inventories are 5.3% (almost 118 Bcf) lower, exceeding the five-year (2020-2024) average of 2.22 trillion cubic feet.
US Natural Gas Inventories (Bcf) |
||||
Item |
Last Year |
Last Week |
Current |
Weekly Change |
Natural gas |
2,487 |
2,297 |
2,101 |
(196) |
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