Thursday, February 12, 2009

Natural Gas Inventory Report 2-12-09

Working gas in storage was 2,020 Bcf as of Friday, February 6, 2009, according to EIA estimates. This represents a net decline of 159 Bcf from the previous week. Stocks were 44 Bcf higher than last year at this time and 24 Bcf above the 5-year average of 1,996 Bcf. In the East Region, stocks were 130 Bcf below the 5-year average following net withdrawals of 115 Bcf. Stocks in the Producing Region were 86 Bcf above the 5-year average of 635 Bcf after a net withdrawal of 37 Bcf. Stocks in the West Region were 68 Bcf above the 5-year average after a net drawdown of 7 Bcf. At 2,020 Bcf, total working gas is within the 5-year historical range.