Thursday, November 08, 2007

Natural Gas Inventory Report 11-08-07

Working gas in storage was 3,545 Bcf as of Friday, November 2, 2007, according to EIA estimates. This represents a net increase of 36 Bcf from the previous week. Stocks were 99 Bcf higher than last year at this time and 291 Bcf above the 5-year average of 3,254 Bcf. In the East Region, stocks were 110 Bcf above the 5-year average following net injections of 13 Bcf. Stocks in the Producing Region were 143 Bcf above the 5-year average of 920 Bcf a net injection of 17 Bcf. Stocks in the West Region were 37 Bcf above the 5-year average after a net addition of 6 Bcf. At 3,545 Bcf, total working gas is above the 5-year historical range.