Natural Gas Inventory Report 3-06-08

Working gas in storage was 1,484 Bcf as of Friday, February 29, 2008, according to EIA estimates. This represents a net decline of 135 Bcf from the previous week. Stocks were 169 Bcf less than last year at this time and 63 Bcf above the 5-year average of 1,421 Bcf. In the East Region, stocks were 24 Bcf above the 5-year average following net withdrawals of 92 Bcf. Stocks in the Producing Region were 63 Bcf above the 5-year average of 472 Bcf after a net withdrawal of 36 Bcf. Stocks in the West Region were 25 Bcf below the 5-year average after a net drawdown of 7 Bcf. At 1,484 Bcf, total working gas is within the 5-year historical range.