Thursday, December 13, 2007

Natural Gas Inventory Report 12-13-07

Working gas in storage was 3,294 Bcf as of Friday, December 7, 2007, according to EIA estimates. This represents a net decline of 146 Bcf from the previous week. Stocks were 32 Bcf higher than last year at this time and 259 Bcf above the 5-year average of 3,035 Bcf. In the East Region, stocks were 61 Bcf above the 5-year average following net withdrawals of 101 Bcf. Stocks in the Producing Region were 145 Bcf above the 5-year average of 865 Bcf after a net withdrawal of 35 Bcf. Stocks in the West Region were 52 Bcf above the 5-year average after a net drawdown of 10 Bcf. At 3,294 Bcf, total working gas is above the 5-year historical range.