Thursday, June 05, 2008

Natural Gas Inventory Report 6-05-08

Working gas in storage was 1,806 Bcf as of Friday, May 30, 2008, according to EIA estimates. This represents a net increase of 105 Bcf from the previous week. Stocks were 326 Bcf less than last year at this time and 1 Bcf below the 5-year average of 1,807 Bcf. In the East Region, stocks were 1 Bcf above the 5-year average following net injections of 60 Bcf. Stocks in the Producing Region were 24 Bcf above the 5-year average of 626 Bcf a net injection of 28 Bcf. Stocks in the West Region were 26 Bcf below the 5-year average after a net addition of 17 Bcf. At 1,806 Bcf, total working gas is within the 5-year historical range.