Natural Gas Inventory Report 3-20-08

Working gas in storage was 1,313 Bcf as of Friday, March 14, 2008, according to EIA estimates. This represents a net decline of 85 Bcf from the previous week. Stocks were 215 Bcf less than last year at this time and 29 Bcf above the 5-year average of 1,284 Bcf. In the East Region, stocks were 14 Bcf above the 5-year average following net withdrawals of 66 Bcf. Stocks in the Producing Region were 33 Bcf above the 5-year average of 457 Bcf after a net withdrawal of 22 Bcf. Stocks in the West Region were 19 Bcf below the 5-year average after a net addition of 3 Bcf. At 1,313 Bcf, total working gas is within the 5-year historical range.