Thursday, December 17, 2009

Natural Gas Inventory Report 12-17-09

Working gas in storage was 3,566 Bcf as of Friday, December 11, 2009, according to EIA estimates. This represents a net decline of 207 Bcf from the previous week. Stocks were 381 Bcf higher than last year at this time and 433 Bcf above the 5-year average of 3,133 Bcf. In the East Region, stocks were 179 Bcf above the 5-year average following net withdrawals of 93 Bcf. Stocks in the Producing Region were 197 Bcf above the 5-year average of 923 Bcf after a net withdrawal of 75 Bcf. Stocks in the West Region were 57 Bcf above the 5-year average after a net drawdown of 39 Bcf. At 3,566 Bcf, total working gas is above the 5-year historical range.