Access the world's leading financial data and tools

Subscribe for $2
Analyse
Profile
🇺🇸

United States Natural Gas Stocks Change

Price

21 B cubic feet
Change +/-
-7.75 B cubic feet
Percentage Change
-31.16 %

The current value of the Natural Gas Stocks Change in United States is 21 B cubic feet. The Natural Gas Stocks Change in United States decreased to 21 B cubic feet on 8/1/2024, after it was 28.75 B cubic feet on 7/1/2024. From 1/7/1994 to 8/2/2024, the average GDP in United States was 582.97 M cubic feet. The all-time high was reached on 7/4/2003 with 147 B cubic feet, while the lowest value was recorded on 1/5/2018 with -359 B cubic feet.

Source: U.S. Energy Information Administration

Natural Gas Stocks Change

  • 3 years

  • 5 years

  • 10 years

  • 25 Years

  • Max

Natural Gas Inventory Change

Natural Gas Stocks Change History

DateValue
8/1/202421 B cubic feet
7/1/202428.75 B cubic feet
6/1/202457.25 B cubic feet
5/1/202481.8 B cubic feet
4/1/202456.25 B cubic feet
3/1/20247 B cubic feet
11/1/202335 B cubic feet
10/1/202383.5 B cubic feet
9/1/202366 B cubic feet
8/1/202328.5 B cubic feet
1
2
3
4
5
...
27

Similar Macro Indicators to Natural Gas Stocks Change

NameCurrentPreviousFrequency
🇺🇸
API Crude Oil Imports
954,000 BBL/1-1.15 M BBL/1frequency_weekly
🇺🇸
API Crude Oil Stock Change
-777,000 BBL/13.132 M BBL/1frequency_weekly
🇺🇸
API Crude Oil Throughputs
91,000 BBL/1-12,000 BBL/1frequency_weekly
🇺🇸
API Distillate Stocks
1.136 M BBL/1-852,000 BBL/1frequency_weekly
🇺🇸
API Gasoline Inventories
-3.689 M BBL/13.31 M BBL/1frequency_weekly
🇺🇸
API Heating Oil
-465,000 BBL/1-405,000 BBL/1frequency_weekly
🇺🇸
API Product Imports
384,000 BBL/1-233,000 BBL/1frequency_weekly
🇺🇸
Crude Oil Imports
-57,000 Barrels552,000 Barrelsfrequency_weekly
🇺🇸
Crude Oil Inventory Change
3.591 M BBL/1-2.547 M BBL/1frequency_weekly
🇺🇸
Cushing API Number
-1.859 M BBL/11.724 M BBL/1frequency_weekly
🇺🇸
Cushing Crude Oil Inventories
-226,000 Barrels307,000 Barrelsfrequency_weekly
🇺🇸
Distillate Fuel Production
-127,000 Barrels233,000 Barrelsfrequency_weekly
🇺🇸
Distillate inventories
-1.394 M Barrels2.947 M Barrelsfrequency_weekly
🇺🇸
Gasoline Inventory Change
-4.407 M Barrels412,000 Barrelsfrequency_weekly
🇺🇸
Gasoline production
559,000 Barrels13,000 Barrelsfrequency_weekly
🇺🇸
Heating Oil Stocks
-1.06 M Barrels335,000 Barrelsfrequency_weekly
🇺🇸
Oil drilling rigs
479 485 frequency_weekly
🇺🇸
Refinery Crude Throughput
65,000 Barrels252,000 Barrelsfrequency_weekly
🇺🇸
Strategic Petroleum Reserve Crude Oil Inventories
367.811 M Barrels367.218 M Barrelsfrequency_weekly
🇺🇸
Total number of drilling rigs
584 585 frequency_weekly

Natural Gas Stocks Change pertains to the weekly variation in the natural gas supply status.

What is Natural Gas Stocks Change?

Welcome to Eulerpool's comprehensive analysis of the Macroeconomic category, 'Natural Gas Stocks Change'. As an authoritative platform for macroeconomic data, our objective is to deliver deep insights and professional evaluations that empower investors, policymakers, and economic enthusiasts to make well-informed decisions. Our focus in this description is to dissect the intricacies of 'Natural Gas Stocks Change', understanding its implications, dynamics, and the key drivers behind these fluctuations. Natural gas is a crucial component of the global energy mix, and its stocks or reserves play a significant role in determining market stability, pricing, and economic forecasts. Natural gas stocks change represents the difference in the amount of natural gas held in storage compared to a previous period, usually measured weekly, monthly, or annually. These changes can have far-reaching effects on energy markets, industrial production, and economic policies. At the core of natural gas stock changes lies the balance between supply and demand. The supply side is predominantly influenced by production levels from natural gas wells, imports and exports, and the weather-related factors that affect the extraction and transportation processes. The production from gas fields, both onshore and offshore, forms the bulk of the supply. Technological advancements in drilling, such as hydraulic fracturing and horizontal drilling, have significantly altered production dynamics, making previously inaccessible reserves viable. Additionally, geopolitical factors and stability in key producing regions can impact the consistent flow of natural gas into the markets. On the demand side, seasonal variations are among the primary determinants of natural gas consumption and storage requirements. During the winter months, the demand for natural gas spikes due to heating needs in residential, commercial, and even industrial sectors. Conversely, in the summer, natural gas is used extensively for electricity generation to power air conditioning systems. Industrial activities, particularly in sectors such as manufacturing, chemicals, and fertilizers, also account for a substantial share of natural gas consumption. Any disruptions or changes in these sectors directly impact the natural gas stock levels. Weather is another critical factor that influences natural gas stocks change. Severe weather conditions, such as hurricanes, can impede production and transportation infrastructure, leading to sudden drops in available natural gas supplies. On the flip side, milder than expected weather can result in lower than anticipated consumption, causing an unexpected build-up in natural gas stocks. Seasonal forecasts, therefore, play a significant role in forward planning and storage strategies among industry players. The regulatory landscape and governmental policies also shape natural gas stocks. Environmental regulations, such as carbon pricing and restrictions on emissions, can influence both the production and consumption patterns of natural gas. Policies aimed at encouraging the use of renewable energy sources may affect the long-term demand for natural gas, posing potential changes in how stocks are managed and reported. Similarly, subsidies and tax incentives for natural gas production can lead to alterations in production levels and, consequently, the amount of gas held in storage. Natural gas prices are intrinsically linked to stock levels. High inventory levels typically indicate an oversupplied market, exerting downward pressure on prices. Conversely, low stocks can signal a potential supply shortage, leading to price surges. These price fluctuations play a crucial role in the decision-making processes of producers, consumers, and traders. Consequently, businesses involved in natural gas production and distribution closely monitor inventory data to optimize their operations and hedge against future market risks. Technological advancements have been pivotal in shaping the dynamics of natural gas stocks change. Innovations in storage techniques, such as underground storage facilities and liquefied natural gas (LNG) terminals, have enhanced the ability to manage and transport natural gas efficiently. These advancements provide greater flexibility in responding to supply and demand shifts, thus stabilizing stocks over time. Moreover, smart grid technologies and enhanced data analytics allow for more accurate predictions and real-time monitoring of natural gas usage trends, facilitating better stock management. International trade also influences natural gas stock changes. The global natural gas market is interconnected with regions such as North America, Europe, and Asia engaging in substantial trade of natural gas, often in the form of LNG. Regional disparities in demand and supply are balanced through imports and exports, affecting local and global stock levels. For instance, an increase in LNG demand in Asia can lead to a drawdown of stocks in exporting regions like the United States, impacting local market dynamics. To conclude, monitoring natural gas stocks change is essential for understanding broader macroeconomic patterns. On Eulerpool, we provide detailed data, historical trends, and insightful analyses that enable stakeholders to stay ahead in navigating this complex landscape. Whether you are an investor seeking to gauge market trends, a policymaker devising energy policies, or an academic conducting economic research, understanding the nuances of natural gas stocks change can provide you with a significant strategic advantage. The volatility and strategic importance of natural gas stocks underscore the necessity of reliable data and professional interpretation. At Eulerpool, we are committed to delivering this through our meticulously curated and comprehensive datasets. By exploring the factors and consequences of natural gas stocks changes, we aim to equip you with the knowledge to navigate and succeed in the ever-evolving energy market.