Saturday, April 12, 2008

















EIA`s Weekly Natural Gas Storage Report ...the net withdrawal from working gas storage of 14 billion cubic feet (Bcf) is a dramatic departure from the 5-year average net injection of 15 Bcf and 2007's net injection of 33 Bcf for the same report week.


Heating demand for natural gas ... heating degree-days in the Lower 48 States were about 7% above normal levels during the report week (March 28-April 4, 2008) and almost 62% above the level reported for the same week last year, according to the National Weather Service`s degree-day data.