Natural Gas Inventory Report 12-18-08

Working gas in storage was 3,167 Bcf as of Friday, December 12, 2008, according to EIA estimates. This represents a net decline of 124 Bcf from the previous week. Stocks were 41 Bcf less than last year at this time and 114 Bcf above the 5-year average of 3,053 Bcf. In the East Region, stocks were 23 Bcf above the 5-year average following net withdrawals of 91 Bcf. Stocks in the Producing Region were 38 Bcf above the 5-year average of 895 Bcf after a net withdrawal of 22 Bcf. Stocks in the West Region were 53 Bcf above the 5-year average after a net drawdown of 11 Bcf. At 3,167 Bcf, total working gas is within the 5-year historical range.