Natural Gas Inventory Report 1-15-09

Working gas in storage was 2,736 Bcf as of Friday, January 9, 2009, according to EIA estimates. This represents a net decline of 94 Bcf from the previous week. Stocks were 28 Bcf higher than last year at this time and 81 Bcf above the 5-year average of 2,655 Bcf. In the East Region, stocks were 40 Bcf below the 5-year average following net withdrawals of 72 Bcf. Stocks in the Producing Region were 95 Bcf above the 5-year average of 804 Bcf after a net withdrawal of 3 Bcf. Stocks in the West Region were 26 Bcf above the 5-year average after a net drawdown of 19 Bcf.