Natural Gas Inventory Report 7-03-08

Working gas in storage was 2,118 Bcf as of Friday, June 27, 2008, according to EIA estimates. This represents a net increase of 85 Bcf from the previous week. Stocks were 381 Bcf less than last year at this time and 57 Bcf below the 5-year average of 2,175 Bcf. In the East Region, stocks were 27 Bcf below the 5-year average following net injections of 57 Bcf. Stocks in the Producing Region were 4 Bcf below the 5-year average of 707 Bcf a net injection of 18 Bcf. Stocks in the West Region were 26 Bcf below the 5-year average after a net addition of 10 Bcf. At 2,118 Bcf, total working gas is within the 5-year historical range.