Thursday, February 04, 2010

Natural Gas Inventory Report 2-04-09

Working gas in storage was 2,406 Bcf as of Friday, January 29, 2010, according to EIA estimates. This represents a net decline of 115 Bcf from the previous week. Stocks were 199 Bcf higher than last year at this time and 150 Bcf above the 5-year average of 2,256 Bcf. In the East Region, stocks were 15 Bcf above the 5-year average following net withdrawals of 83 Bcf. Stocks in the Producing Region were 76 Bcf above the 5-year average of 720 Bcf after a net withdrawal of 11 Bcf. Stocks in the West Region were 58 Bcf above the 5-year average after a net drawdown of 21 Bcf. At 2,406 Bcf, total working gas is within the 5-year historical range.