Natural Gas Inventory Report 3-13-08

Working gas in storage was 1,398 Bcf as of Friday, March 7, 2008, according to EIA estimates. This represents a net decline of 86 Bcf from the previous week. Stocks were 151 Bcf less than last year at this time and 57 Bcf above the 5-year average of 1,341 Bcf. In the East Region, stocks were 30 Bcf above the 5-year average following net withdrawals of 54 Bcf. Stocks in the Producing Region were 52 Bcf above the 5-year average of 460 Bcf after a net withdrawal of 23 Bcf. Stocks in the West Region were 24 Bcf below the 5-year average after a net drawdown of 9 Bcf. At 1,398 Bcf, total working gas is within the 5-year historical range.