Thursday, February 17, 2011

Natural Gas Inventory Report 02-17-11

Working gas in storage was 1,911 Bcf as of Friday, February 11, 2011, according to EIA estimates. This represents a net decline of 233 Bcf from the previous week. Stocks were 141 Bcf less than last year at this time and 128 Bcf below the 5-year average of 2,039 Bcf. In the East Region, stocks were 135 Bcf below the 5-year average following net withdrawals of 118 Bcf. Stocks in the Producing Region were 18 Bcf above the 5-year average of 680 Bcf after a net withdrawal of 91 Bcf. Stocks in the West Region were 11 Bcf below the 5-year average after a net drawdown of 24 Bcf. At 1,911 Bcf, total working gas is within the 5-year historical range.