Thursday, February 19, 2009

Natural Gas Inventory Report 2-19-09

Working gas in storage was 1,996 Bcf as of Friday, February 13, 2009, according to EIA estimates. This represents a net decline of 24 Bcf from the previous week. Stocks were 177 Bcf higher than last year at this time and 155 Bcf above the 5-year average of 1,841 Bcf. In the East Region, stocks were 57 Bcf below the 5-year average following net withdrawals of 25 Bcf. Stocks in the Producing Region were 142 Bcf above the 5-year average of 595 Bcf after a net injection of 16 Bcf. Stocks in the West Region were 69 Bcf above the 5-year average after a net drawdown of 15 Bcf. At 1,996 Bcf, total working gas is within the 5-year historical range.