Natural Gas Inventory Report 5-22-08

Working gas in storage was 1,614 Bcf as of Friday, May 16, 2008, according to EIA estimates. This represents a net increase of 85 Bcf from the previous week. Stocks were 302 Bcf less than last year at this time and 3 Bcf below the 5-year average of 1,617 Bcf. In the East Region, stocks were 12 Bcf above the 5-year average following net injections of 54 Bcf. Stocks in the Producing Region were 14 Bcf above the 5-year average of 581 Bcf after a net injection of 19 Bcf. Stocks in the West Region were 29 Bcf below the 5-year average after a net addition of 12 Bcf. At 1,614 Bcf, total working gas is within the 5-year historical range.