Thursday, July 29, 2010

Natural Gas Inventory Report 7-29-10

Working gas in storage was 2,919 Bcf as of Friday, July 23, 2010, according to EIA estimates. This represents a net increase of 28 Bcf from the previous week. Stocks were 94 Bcf less than last year at this time and 239 Bcf above the 5-year average of 2,680 Bcf. In the East Region, stocks were 25 Bcf above the 5-year average following net injections of 34 Bcf. Stocks in the Producing Region were 126 Bcf above the 5-year average of 861 Bcf after a net withdrawal of 5 Bcf. Stocks in the West Region were 88 Bcf above the 5-year average after a net drawdown of 1 Bcf. At 2,919 Bcf, total working gas is within the 5-year historical range.