Thursday, November 20, 2008

Natural Gas Inventory Report 11-20-08

Working gas in storage was 3,488 Bcf as of Friday, November 14, 2008, according to EIA estimates. This represents a net increase of 16 Bcf from the previous week. Stocks were 51 Bcf less than last year at this time and 140 Bcf above the 5-year average of 3,348 Bcf. In the East Region, stocks were 103 Bcf above the 5-year average following no net change in storage levels. Stocks in the Producing Region were 5 Bcf above the 5-year average of 969 Bcf after a net injection of 11 Bcf. Stocks in the West Region were 32 Bcf above the 5-year average after a net addition of 5 Bcf. At 3,488 Bcf, total working gas is within the 5-year historical range.