Natural Gas Inventory Report 01-06-11

Working gas in storage was 3,097 Bcf as of Friday, December 31, 2010, according to EIA estimates. This represents a net decline of 135 Bcf from the previous week. Stocks were 48 Bcf less than last year at this time and 190 Bcf above the 5-year average of 2,907 Bcf. In the East Region, stocks were 23 Bcf below the 5-year average following net withdrawals of 81 Bcf. Stocks in the Producing Region were 180 Bcf above the 5-year average of 899 Bcf after a net withdrawal of 38 Bcf. Stocks in the West Region were 33 Bcf above the 5-year average after a net drawdown of 16 Bcf. At 3,097 Bcf, total working gas is within the 5-year historical range.