Wednesday, November 24, 2010

Natural Gas Inventory Report 11-24-10

Working gas in storage was 3,837 Bcf as of Friday, November 19, 2010, according to EIA estimates. This represents a net decline of 6 Bcf from the previous week. Stocks were 2 Bcf higher than last year at this time and 334 Bcf above the 5-year average of 3,503 Bcf. In the East Region, stocks were 74 Bcf above the 5-year average following net withdrawals of 10 Bcf. Stocks in the Producing Region were 217 Bcf above the 5-year average of 1,032 Bcf after a net injection of 3 Bcf. Stocks in the West Region were 43 Bcf above the 5-year average after a net addition of 1 Bcf. At 3,837 Bcf, total working gas is above the 5-year historical range.