Thursday, January 28, 2010

Natural Gas Inventory Report 1-28-09

Working gas in storage was 2,521 Bcf as of Friday, January 22, 2010, according to EIA estimates. This represents a net decline of 86 Bcf from the previous week. Stocks were 120 Bcf higher than last year at this time and 87 Bcf above the 5-year average of 2,434 Bcf. In the East Region, stocks were 14 Bcf below the 5-year average following net withdrawals of 67 Bcf. Stocks in the Producing Region were 42 Bcf above the 5-year average of 765 Bcf after a net withdrawal of 3 Bcf. Stocks in the West Region were 60 Bcf above the 5-year average after a net drawdown of 16 Bcf. At 2,521 Bcf, total working gas is within the 5-year historical range.