Natural Gas Inventory Report 11-29-07

Working gas in storage was 3,528 Bcf as of Friday, November 23, 2007, according to EIA estimates. This represents a net decline of 12 Bcf from the previous week. Stocks were 106 Bcf higher than last year at this time and 301 Bcf above the 5-year average of 3,227 Bcf. In the East Region, stocks were 95 Bcf above the 5-year average following net withdrawals of 14 Bcf. Stocks in the Producing Region were 157 Bcf above the 5-year average of 917 Bcf after a net injection of 3 Bcf. Stocks in the West Region were 49 Bcf above the 5-year average after a net drawdown of 1 Bcf. At 3,528 Bcf, total working gas is above the 5-year historical range.