Thursday, July 16, 2009

Natural Gas Inventory Report 7-16-09

Working gas in storage was 2,886 Bcf as of Friday, July 10, 2009, according to EIA estimates. This represents a net increase of 90 Bcf from the previous week. Stocks were 589 Bcf higher than last year at this time and 454 Bcf above the 5-year average of 2,432 Bcf. In the East Region, stocks were 116 Bcf above the 5-year average following net injections of 62 Bcf. Stocks in the Producing Region were 246 Bcf above the 5-year average of 786 Bcf after a net injection of 19 Bcf. Stocks in the West Region were 91 Bcf above the 5-year average after a net addition of 9 Bcf. At 2,886 Bcf, total working gas is above the 5-year historical range.