Thursday, May 28, 2009

Natural Gas Inventory Report 5-28-09

Working gas in storage was 2,213 Bcf as of Friday, May 22, 2009, according to EIA estimates. This represents a net increase of 106 Bcf from the previous week. Stocks were 524 Bcf higher than last year at this time and 393 Bcf above the 5-year average of 1,820 Bcf. In the East Region, stocks were 60 Bcf above the 5-year average following net injections of 61 Bcf. Stocks in the Producing Region were 238 Bcf above the 5-year average of 662 Bcf after a net injection of 30 Bcf. Stocks in the West Region were 95 Bcf above the 5-year average after a net addition of 15 Bcf. At 2,213 Bcf, total working gas is above the 5-year historical range.

Natural Gas Below 50dma

Thursday, May 21, 2009

Natural Gas Inventory Report 5-21-09

Working gas in storage was 2,116 Bcf as of Friday, May 15, 2009, according to EIA estimates. This represents a net increase of 103 Bcf from the previous week. Stocks were 514 Bcf higher than last year at this time and 387 Bcf above the 5-year average of 1,729 Bcf. In the East Region, stocks were 55 Bcf above the 5-year average following net injections of 65 Bcf. Stocks in the Producing Region were 239 Bcf above the 5-year average of 640 Bcf after a net injection of 25 Bcf. Stocks in the West Region were 93 Bcf above the 5-year average after a net addition of 13 Bcf. At 2,116 Bcf, total working gas is within the 5-year historical range.

Natural Gas Set To Test 50 Day Moving Average

Thursday, May 14, 2009

Natural Gas Inventory Report 5-14-09

Working gas in storage was 2,013 Bcf as of Friday, May 8, 2009, according to EIA estimates. This represents a net increase of 95 Bcf from the previous week. Stocks were 497 Bcf higher than last year at this time and 374 Bcf above the 5-year average of 1,639 Bcf. In the East Region, stocks were 47 Bcf above the 5-year average following net injections of 59 Bcf. Stocks in the Producing Region were 235 Bcf above the 5-year average of 619 Bcf after a net injection of 23 Bcf. Stocks in the West Region were 92 Bcf above the 5-year average after a net addition of 13 Bcf. At 2,013 Bcf, total working gas is within the 5-year historical range.

Natural Gas Prices Continue To Climb




Despite relatively large inventory builds in recent weeks, natural gas prices continue to move higher.

Thursday, May 07, 2009

Natural Gas Inventory Report 5-07-09

Working gas in storage was 1,918 Bcf as of Friday, May 1, 2009, according to EIA estimates. This represents a net increase of 95 Bcf from the previous week. Stocks were 491 Bcf higher than last year at this time and 362 Bcf above the 5-year average of 1,556 Bcf. In the East Region, stocks were 37 Bcf above the 5-year average following net injections of 58 Bcf. Stocks in the Producing Region were 234 Bcf above the 5-year average of 597 Bcf after a net injection of 26 Bcf. Stocks in the West Region were 91 Bcf above the 5-year average after a net addition of 11 Bcf. At 1,918 Bcf, total working gas is within the 5-year historical range.