Friday, January 04, 2008

Working gas in storage was 2,921 Bcf as of Friday, December 28, 2007, according to EIA estimates. This represents a net decline of 87 Bcf from the previous week. Stocks were 160 Bcf less than last year at this time and 222 Bcf above the 5-year average of 2,699 Bcf. In the East Region, stocks were 52 Bcf above the 5-year average following net withdrawals of 53 Bcf. Stocks in the Producing Region were 137 Bcf above the 5-year average of 785 Bcf after a net withdrawal of 16 Bcf. Stocks in the West Region were 33 Bcf above the 5-year average after a net drawdown of 18 Bcf. At 2,921 Bcf, total working gas is within the 5-year historical range.