Thursday, November 01, 2007

Natural Gas Inventory Report 11-01-07

Working gas in storage was 3,509 Bcf as of Friday, October 26, 2007, according to EIA estimates. This represents a net increase of 66 Bcf from the previous week. Stocks were 56 Bcf higher than last year at this time and 272 Bcf above the 5-year average of 3,237 Bcf. In the East Region, stocks were 107 Bcf above the 5-year average following net injections of 34 Bcf. Stocks in the Producing Region were 133 Bcf above the 5-year average of 913 Bcf a net injection of 26 Bcf. Stocks in the West Region were 32 Bcf above the 5-year average after a net addition of 6 Bcf. At 3,509 Bcf, total working gas is above the 5-year historical range.