Thursday, December 02, 2010

Natural Gas Inventory Report 12-02-10

Working gas in storage was 3,814 Bcf as of Friday, November 26, 2010, according to EIA estimates. This represents a net decline of 23 Bcf from the previous week. Stocks were 23 Bcf less than last year at this time and 347 Bcf above the 5-year average of 3,467 Bcf. In the East Region, stocks were 88 Bcf above the 5-year average following net withdrawals of 16 Bcf. Stocks in the Producing Region were 235 Bcf above the 5-year average of 1,028 Bcf after a net injection of 14 Bcf. Stocks in the West Region were 25 Bcf above the 5-year average after a net drawdown of 21 Bcf. At 3,814 Bcf, total working gas is within the 5-year historical range.