Thursday, February 26, 2009

Natural Gas Inventory Report 2-26-09

Working gas in storage was 1,895 Bcf as of Friday, February 20, 2009, according to EIA estimates. This represents a net decline of 101 Bcf from the previous week. Stocks were 233 Bcf higher than last year at this time and 199 Bcf above the 5-year average of 1,696 Bcf. In the East Region, stocks were 32 Bcf below the 5-year average following net withdrawals of 71 Bcf. Stocks in the Producing Region were 163 Bcf above the 5-year average of 560 Bcf after a net withdrawal of 14 Bcf. Stocks in the West Region were 68 Bcf above the 5-year average after a net drawdown of 16 Bcf. At 1,895 Bcf, total working gas is within the 5-year historical range.