Thursday, March 22, 2007

Working gas in storage was 1,533 Bcf as of Friday, March 16, 2007, according to EIA estimates. This represents a net increase of 17 Bcf from the previous week. Stocks were 279 Bcf less than last year at this time and 239 Bcf above the 5-year average of 1,294 Bcf. In the East Region, stocks were 76 Bcf above the 5-year average following net withdrawals of 10 Bcf. Stocks in the Producing Region were 132 Bcf above the 5-year average of 452 Bcf after a net injection of 20 Bcf. Stocks in the West Region were 32 Bcf above the 5-year average after a net addition of 7 Bcf. At 1,533 Bcf, total working gas is within the 5-year historical range.