Thursday, March 03, 2011

Natural Gas Inventory Report 03-03-11

Working gas in storage was 1,745 Bcf as of Friday, February 25, 2011, according to EIA estimates. This represents a net decline of 85 Bcf from the previous week. Stocks were 9 Bcf less than last year at this time and 15 Bcf below the 5-year average of 1,760 Bcf. In the East Region, stocks were 80 Bcf below the 5-year average following net withdrawals of 71 Bcf. Stocks in the Producing Region were 83 Bcf above the 5-year average of 613 Bcf after a net injection of 9 Bcf. Stocks in the West Region were 18 Bcf below the 5-year average after a net drawdown of 23 Bcf. At 1,745 Bcf, total working gas is within the 5-year historical range.