Natural Gas Inventory Report 12-11-08

Working gas in storage was 3,291 Bcf as of Friday, December 5, 2008, according to EIA estimates. This represents a net decline of 67 Bcf from the previous week. Stocks were 45 Bcf less than last year at this time and 110 Bcf above the 5-year average of 3,181 Bcf. In the East Region, stocks were 36 Bcf above the 5-year average following net withdrawals of 58 Bcf. Stocks in the Producing Region were 25 Bcf above the 5-year average of 930 Bcf after a net withdrawal of 8 Bcf. Stocks in the West Region were 49 Bcf above the 5-year average after a net drawdown of 1 Bcf. At 3,291 Bcf, total working gas is within the 5-year historical range.