Natural Gas Inventory Report 12-28-07

Working gas in storage was 3,008 Bcf as of Friday, December 21, 2007, according to EIA estimates. This represents a net decline of 165 Bcf from the previous week. Stocks were 120 Bcf less than last year at this time and 220 Bcf above the 5-year average of 2,788 Bcf. In the East Region, stocks were 46 Bcf above the 5-year average following net withdrawals of 100 Bcf. Stocks in the Producing Region were 135 Bcf above the 5-year average of 803 Bcf after a net withdrawal of 47 Bcf. Stocks in the West Region were 40 Bcf above the 5-year average after a net drawdown of 18 Bcf. At 3,008 Bcf, total working gas is within the 5-year historical range.