Thursday, March 31, 2011

Natural Gas Inventory Report 03-31-11

Working gas in storage was 1,624 Bcf as of Friday, March 25, 2011, according to EIA estimates. This represents a net increase of 12 Bcf from the previous week. Stocks were 12 Bcf less than last year at this time and 68 Bcf above the 5-year average of 1,556 Bcf. In the East Region, stocks were 39 Bcf below the 5-year average following net withdrawals of 7 Bcf. Stocks in the Producing Region were 133 Bcf above the 5-year average of 607 Bcf after a net injection of 25 Bcf. Stocks in the West Region were 26 Bcf below the 5-year average after a net drawdown of 6 Bcf. At 1,624 Bcf, total working gas is within the 5-year historical range.