Thursday, August 30, 2007

Natural Gas Inventory Report 8-30-07

Working gas in storage was 2,969 Bcf as of Friday, August 24, 2007, according to EIA estimates. This represents a net increase of 43 Bcf from the previous week. Stocks were 71 Bcf higher than last year at this time and 315 Bcf above the 5-year average of 2,654 Bcf. In the East Region, stocks were 136 Bcf above the 5-year average following net injections of 44 Bcf. Stocks in the Producing Region were 134 Bcf above the 5-year average of 768 Bcf after a net withdrawal of 2 Bcf. Stocks in the West Region were 45 Bcf above the 5-year average after a net addition of 1 Bcf. At 2,969 Bcf, total working gas is above the 5-year historical range.