Thursday, April 24, 2008

Natural Gas Inventory Report 4-24-08

Working gas in storage was 1,285 Bcf as of Friday, April 18, 2008, according to EIA estimates. This represents a net increase of 24 Bcf from the previous week. Stocks were 274 Bcf less than last year at this time and 25 Bcf below the 5-year average of 1,310 Bcf. In the East Region, stocks were 1 Bcf below the 5-year average following net injections of 16 Bcf. Stocks in the Producing Region were 6 Bcf above the 5-year average of 500 Bcf after a net injection of 3 Bcf. Stocks in the West Region were 31 Bcf below the 5-year average after a net addition of 5 Bcf. At 1,285 Bcf, total working gas is within the 5-year historical range.