Thursday, April 10, 2008

Natural Gas Inventory Report 4-10-08

Working gas in storage was 1,234 Bcf as of Friday, April 4, 2008, according to EIA estimates. This represents a net decline of 14 Bcf from the previous week. Stocks were 351 Bcf less than last year at this time and 23 Bcf below the 5-year average of 1,257 Bcf. In the East Region, stocks were 16 Bcf below the 5-year average following net withdrawals of 12 Bcf. Stocks in the Producing Region were 22 Bcf above the 5-year average of 476 Bcf after no net change in stock levels. Stocks in the West Region were 29 Bcf below the 5-year average after a net drawdown of 2 Bcf. At 1,234 Bcf, total working gas is within the 5-year historical range.