Thursday, December 20, 2007

Natural Gas Inventory Report 12-20-07

Working gas in storage was 3,173 Bcf as of Friday, December 14, 2007, according to EIA estimates. This represents a net decline of 121 Bcf from the previous week. Stocks were 4 Bcf less than last year at this time and 266 Bcf above the 5-year average of 2,907 Bcf. In the East Region, stocks were 68 Bcf above the 5-year average following net withdrawals of 74 Bcf. Stocks in the Producing Region were 155 Bcf above the 5-year average of 830 Bcf after a net withdrawal of 25 Bcf. Stocks in the West Region were 43 Bcf above the 5-year average after a net drawdown of 22 Bcf. At 3,173 Bcf, total working gas is within the 5-year historical range.