Natural Gas Inventory Report 5-08-08

Working gas in storage was 1,436 Bcf as of Friday, May 2, 2008, according to EIA estimates. This represents a net increase of 65 Bcf from the previous week. Stocks were 284 Bcf less than last year at this time and 11 Bcf below the 5-year average of 1,447 Bcf. In the East Region, stocks were 12 Bcf above the 5-year average following net injections of 38 Bcf. Stocks in the Producing Region were 8 Bcf above the 5-year average of 541 Bcf after a net injection of 18 Bcf. Stocks in the West Region were 32 Bcf below the 5-year average after a net addition of 9 Bcf. At 1,436 Bcf, total working gas is within the 5-year historical range.