South Central region follows record net withdrawals with unchanged inventory levels">South Central region follows record net withdrawals with unchanged inventory levels
(Fri, 05 Mar 2021) Working natural gas stocks in EIAâs South Central storage region reported no net change for the week ending February 26, following a record pull for the previous week, according to EIAâs Weekly Natural Gas Storage Report. Much lower regional temperatures contributed to reduced natural gas demand while recovering natural gas production reversed storage balances that had dipped below the five-year minimum in the South Central Salt region for the first time since December 2018. The South Central region transitioned from record net withdrawals of 158 billion cubic feet (Bcf) during the week ending, February 19, to no net withdrawals just a week later. The South Central region has the nationâs biggest concentration of high deliverability facilities that can withdraw and inject natural gas into underground caverns in large volumes across multiple cycles. This means the region is able to shift from large withdrawals to injections quickly.
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