Thursday, May 01, 2008

Natural Gas Inventory Report 5-01-08

Working gas in storage was 1,371 Bcf as of Friday, April 25, 2008, according to EIA estimates. This represents a net increase of 86 Bcf from the previous week. Stocks were 255 Bcf less than last year at this time and 3 Bcf below the 5-year average of 1,374 Bcf. In the East Region, stocks were 16 Bcf above the 5-year average following net injections of 54 Bcf. Stocks in the Producing Region were 11 Bcf above the 5-year average of 520 Bcf after a net injection of 25 Bcf. Stocks in the West Region were 31 Bcf below the 5-year average after a net addition of 7 Bcf. At 1,371 Bcf, total working gas is within the 5-year historical range.