Thursday, January 20, 2011

Natural Gas Inventory Report 01-20-11

Working gas in storage was 2,716 Bcf as of Friday, January 14, 2011, according to EIA estimates. This represents a net decline of 243 Bcf from the previous week. Stocks were 74 Bcf higher than last year at this time and 51 Bcf above the 5-year average of 2,665 Bcf. In the East Region, stocks were 83 Bcf below the 5-year average following net withdrawals of 126 Bcf. Stocks in the Producing Region were 133 Bcf above the 5-year average of 835 Bcf after a net withdrawal of 91 Bcf. Stocks in the West Region were 1 Bcf above the 5-year average after a net drawdown of 26 Bcf. At 2,716 Bcf, total working gas is within the 5-year historical range.