Thursday, September 18, 2008

Natural Gas Inventory Report 9-18-08

Working gas in storage was 2,972 Bcf as of Friday, September 12, 2008, according to EIA estimates. This represents a net increase of 67 Bcf from the previous week. Stocks were 142 Bcf less than last year at this time and 61 Bcf above the 5-year average of 2,911 Bcf. In the East Region, stocks were 86 Bcf above the 5-year average following net injections of 48 Bcf. Stocks in the Producing Region were 33 Bcf below the 5-year average of 835 Bcf a net injection of 7 Bcf. Stocks in the West Region were 9 Bcf above the 5-year average after a net addition of 12 Bcf. At 2,972 Bcf, total working gas is within the 5-year historical range.