Thursday, August 14, 2008

Natural Gas Inventory Report 8-14-08

Working gas in storage was 2,567 Bcf as of Friday, August 8, 2008, according to EIA estimates. This represents a net increase of 50 Bcf from the previous week. Stocks were 330 Bcf less than last year at this time and 6 Bcf below the 5-year average of 2,573 Bcf. In the East Region, stocks were 34 Bcf above the 5-year average following net injections of 55 Bcf. Stocks in the Producing Region were 37 Bcf below the 5-year average of 773 Bcf a net withdrawal of 9 Bcf. Stocks in the West Region were 3 Bcf below the 5-year average after a net addition of 4 Bcf. At 2,567 Bcf, total working gas is within the 5-year historical range.