Thursday, November 02, 2006

Working gas in storage was 3,452 Bcf as of Friday, October 27, 2006, according to EIA estimates. This represents a net decline of 9 Bcf from the previous week. Stocks were 288 Bcf higher than last year at this time and 276 Bcf above the 5-year average of 3,176 Bcf. In the East Region, stocks were 99 Bcf above the 5-year average following net withdrawals of 14 Bcf. Stocks in the Producing Region were 121 Bcf above the 5-year average of 887 Bcf after a net injection of 4 Bcf. Stocks in the West Region were 56 Bcf above the 5-year average after a net addition of 1 Bcf. At 3,452 Bcf, total working gas is above the 5-year historical range.