Wednesday, November 22, 2006

Working gas in storage was 3,449 Bcf as of Friday, November 17, 2006, according to EIA estimates. This represents a net decline of 1 Bcf from the previous week. Stocks were 174 Bcf higher than last year at this time and 240 Bcf above the 5-year average of 3,209 Bcf. In the East Region, stocks were 72 Bcf above the 5-year average following net injections of 2 Bcf. Stocks in the Producing Region were 114 Bcf above the 5-year average of 901 Bcf after no net change in stock levels. Stocks in the West Region were 54 Bcf above the 5-year average after a net drawdown of 3 Bcf. At 3,449 Bcf, total working gas is above the 5-year historical range.