Thursday, December 09, 2010

Natural Gas Inventory Report 12-09-10

Working gas in storage was 3,725 Bcf as of Friday, December 3, 2010, according to EIA estimates. This represents a net decline of 89 Bcf from the previous week. Stocks were 57 Bcf less than last year at this time and 332 Bcf above the 5-year average of 3,393 Bcf. In the East Region, stocks were 81 Bcf above the 5-year average following net withdrawals of 51 Bcf. Stocks in the Producing Region were 236 Bcf above the 5-year average of 1,010 Bcf after a net withdrawal of 17 Bcf. Stocks in the West Region were 15 Bcf above the 5-year average after a net drawdown of 21 Bcf. At 3,725 Bcf, total working gas is within the 5-year historical range.