Thursday, September 11, 2008

Natural Gas Inventory Report 9-11-08

Working gas in storage was 2,905 Bcf as of Friday, September 5, 2008, according to EIA estimates. This represents a net increase of 58 Bcf from the previous week. Stocks were 146 Bcf less than last year at this time and 82 Bcf above the 5-year average of 2,823 Bcf. In the East Region, stocks were 94 Bcf above the 5-year average following net injections of 47 Bcf. Stocks in the Producing Region were 18 Bcf below the 5-year average of 813 Bcf a net injection of 2 Bcf. Stocks in the West Region were 6 Bcf above the 5-year average after a net addition of 9 Bcf. At 2,905 Bcf, total working gas is within the 5-year historical range.