Thursday, September 06, 2007

Natural Gas Inventory Report 9-06-07

Working gas in storage was 3,005 Bcf as of Friday, August 31, 2007, according to EIA estimates. This represents a net increase of 36 Bcf from the previous week. Stocks were 39 Bcf higher than last year at this time and 284 Bcf above the 5-year average of 2,721 Bcf. In the East Region, stocks were 126 Bcf above the 5-year average following net injections of 39 Bcf. Stocks in the Producing Region were 123 Bcf above the 5-year average of 780 Bcf after a net injection of 1 Bcf. Stocks in the West Region were 34 Bcf above the 5-year average after a net drawdown of 4 Bcf. At 3,005 Bcf, total working gas is above the 5-year historical range.