Thursday, September 04, 2008

Natural Gas Inventory Report 9-04-08

Working gas in storage was 2,847 Bcf as of Friday, August 29, 2008, according to EIA estimates. This represents a net increase of 90 Bcf from the previous week. Stocks were 148 Bcf less than last year at this time and 102 Bcf above the 5-year average of 2,745 Bcf. In the East Region, stocks were 100 Bcf above the 5-year average following net injections of 67 Bcf. Stocks in the Producing Region were 1 Bcf below the 5-year average of 794 Bcf a net injection of 16 Bcf. Stocks in the West Region were 3 Bcf above the 5-year average after a net addition of 7 Bcf. At 2,847 Bcf, total working gas is within the 5-year historical range.