Thursday, December 31, 2009

Natural Gas Inventory Report 12-31-09

Working gas in storage was 3,276 Bcf as of Friday, December 25, 2009, according to EIA estimates. This represents a net decline of 124 Bcf from the previous week. Stocks were 379 Bcf higher than last year at this time and 391 Bcf above the 5-year average of 2,885 Bcf. In the East Region, stocks were 150 Bcf above the 5-year average following net withdrawals of 90 Bcf. Stocks in the Producing Region were 176 Bcf above the 5-year average of 868 Bcf after a net withdrawal of 23 Bcf. Stocks in the West Region were 65 Bcf above the 5-year average after a net drawdown of 11 Bcf. At 3,276 Bcf, total working gas is above the 5-year historical range.