Wednesday, November 21, 2007

Natural Gas Inventory Report 11-21-07

Working gas in storage was 3,540 Bcf as of Friday, November 16, 2007, according to EIA estimates. This represents a net increase of 4 Bcf from the previous week. Stocks were 91 Bcf higher than last year at this time and 284 Bcf above the 5-year average of 3,256 Bcf. In the East Region, stocks were 87 Bcf above the 5-year average following net withdrawals of 11 Bcf. Stocks in the Producing Region were 148 Bcf above the 5-year average of 923 Bcf after a net injection of 8 Bcf. Stocks in the West Region were 50 Bcf above the 5-year average after a net addition of 7 Bcf. At 3,540 Bcf, total working gas is above the 5-year historical range.