Thursday, August 07, 2008

Natural Gas Inventory Report 8-07-08

Working gas in storage was 2,517 Bcf as of Friday, August 1, 2008, according to EIA estimates. This represents a net increase of 56 Bcf from the previous week. Stocks were 353 Bcf less than last year at this time and 6 Bcf below the 5-year average of 2,523 Bcf. In the East Region, stocks were 19 Bcf above the 5-year average following net injections of 55 Bcf. Stocks in the Producing Region were 24 Bcf below the 5-year average of 769 Bcf a net withdrawal of 7 Bcf. Stocks in the West Region were 1 Bcf below the 5-year average after a net addition of 8 Bcf. At 2,517 Bcf, total working gas is within the 5-year historical range.


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