Thursday, July 10, 2008

Natural Gas Inventory Report 7-10-08

Working gas in storage was 2,208 Bcf as of Friday, July 4, 2008, according to EIA estimates. This represents a net increase of 90 Bcf from the previous week. Stocks were 389 Bcf less than last year at this time and 70 Bcf below the 5-year average of 2,278 Bcf. In the East Region, stocks were 27 Bcf below the 5-year average following net injections of 61 Bcf. Stocks in the Producing Region were 20 Bcf below the 5-year average of 737 Bcf a net injection of 14 Bcf. Stocks in the West Region were 22 Bcf below the 5-year average after a net addition of 15 Bcf. At 2,208 Bcf, total working gas is within the 5-year historical range.