Natural Gas Inventory Report 2-14-08

Working gas in storage was 1,942 Bcf as of Friday, February 8, 2008, according to EIA estimates. This represents a net decline of 120 Bcf from the previous week. Stocks were 183 Bcf less than last year at this time and 109 Bcf above the 5-year average of 1,833 Bcf. In the East Region, stocks were 71 Bcf above the 5-year average following net withdrawals of 66 Bcf. Stocks in the Producing Region were 72 Bcf above the 5-year average of 571 Bcf after a net withdrawal of 27 Bcf. Stocks in the West Region were 34 Bcf below the 5-year average after a net drawdown of 27 Bcf. At 1,942 Bcf, total working gas is within the 5-year historical range.