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.