Thursday, August 21, 2008

Natural Gas Inventory Report 8-21-08

Working gas in storage was 2,655 Bcf as of Friday, August 15, 2008, according to EIA estimates. This represents a net increase of 88 Bcf from the previous week. Stocks were 264 Bcf less than last year at this time and 26 Bcf above the 5-year average of 2,629 Bcf. In the East Region, stocks were 54 Bcf above the 5-year average following net injections of 67 Bcf. Stocks in the Producing Region were 26 Bcf below the 5-year average of 778 Bcf a net injection of 16 Bcf. Stocks in the West Region were 2 Bcf below the 5-year average after a net addition of 5 Bcf. At 2,655 Bcf, total working gas is within the 5-year historical range.