Natural Gas Inventory Report 3-27-08

Working gas in storage was 1,277 Bcf as of Friday, March 21, 2008, according to EIA estimates. This represents a net decline of 36 Bcf from the previous week. Stocks were 240 Bcf less than last year at this time and 33 Bcf above the 5-year average of 1,244 Bcf. In the East Region, stocks were 19 Bcf above the 5-year average following net withdrawals of 33 Bcf. Stocks in the Producing Region were 38 Bcf above the 5-year average of 456 Bcf after a net injection of 4 Bcf. Stocks in the West Region were 24 Bcf below the 5-year average after a net drawdown of 7 Bcf. At 1,277 Bcf, total working gas is within the 5-year historical range.