Thursday, July 31, 2008

Natural Gas Inventory Report 7-31-08

Working gas in storage was 2,461 Bcf as of Friday, July 25, 2008, according to EIA estimates. This represents a net increase of 65 Bcf from the previous week. Stocks were 357 Bcf less than last year at this time and 12 Bcf below the 5-year average of 2,473 Bcf. In the East Region, stocks were 5 Bcf above the 5-year average following net injections of 55 Bcf. Stocks in the Producing Region were 12 Bcf below the 5-year average of 764 Bcf no net change in stock levels. Stocks in the West Region were 5 Bcf below the 5-year average after a net addition of 10 Bcf. At 2,461 Bcf, total working gas is within the 5-year historical range.

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