Thursday, October 16, 2008

Natural Gas Inventory Report 10-16-08

Working gas in storage was 3,277 Bcf as of Friday, October 10, 2008, according to EIA estimates. This represents a net increase of 79 Bcf from the previous week. Stocks were 87 Bcf less than last year at this time and 85 Bcf above the 5-year average of 3,192 Bcf. In the East Region, stocks were 84 Bcf above the 5-year average following net injections of 46 Bcf. Stocks in the Producing Region were 15 Bcf below the 5-year average of 907 Bcf after a net injection of 25 Bcf. Stocks in the West Region were 17 Bcf above the 5-year average after a net addition of 8 Bcf. At 3,277 Bcf, total working gas is within the 5-year historical range.