Friday, November 14, 2008

Natural Gas Inventory Report 11-14-08

Working gas in storage was 3,467 Bcf as of Friday, November 7, 2008, according to EIA estimates. This represents a net increase of 62 Bcf from the previous week. Stocks were 72 Bcf less than last year at this time and 117 Bcf above the 5-year average of 3,350 Bcf. In the East Region, stocks were 96 Bcf above the 5-year average following net injections of 31 Bcf. Stocks in the Producing Region equaled the 5-year average of 965 Bcf after a net injection of 27 Bcf. Stocks in the West Region were 22 Bcf above the 5-year average after a net addition of 4 Bcf. At 3,467 Bcf, total working gas is within the 5-year historical range.