Natural Gas Inventory Report 01-10-08

Working gas in storage was 2,750 Bcf as of Friday, January 4, 2008, according to EIA estimates. This represents a net decline of 171 Bcf from the previous week. Stocks were 282 Bcf less than last year at this time and 122 Bcf above the 5-year average of 2,628 Bcf. In the East Region, stocks were 7 Bcf above the 5-year average following net withdrawals of 93 Bcf. Stocks in the Producing Region were 89 Bcf above the 5-year average of 775 Bcf after a net withdrawal of 58 Bcf. Stocks in the West Region were 25 Bcf above the 5-year average after a net drawdown of 20 Bcf. At 2,750 Bcf, total working gas is within the 5-year historical range.