Natural Gas Inventory Report 5-29-08

Working gas in storage was 1,701 Bcf as of Friday, May 23, 2008, according to EIA estimates. This represents a net increase of 87 Bcf from the previous week. Stocks were 321 Bcf less than last year at this time and 8 Bcf below the 5-year average of 1,709 Bcf. In the East Region, stocks were 1 Bcf above the 5-year average following net injections of 48 Bcf. Stocks in the Producing Region were 20 Bcf above the 5-year average of 602 Bcf after a net injection of 27 Bcf. Stocks in the West Region were 29 Bcf below the 5-year average after a net addition of 12 Bcf. At 1,701 Bcf, total working gas is within the 5-year historical range.