Thursday, April 07, 2011

Natural Gas Inventory Report 04-07-11

Working gas in storage was 1,579 Bcf as of Friday, April 1, 2011, according to EIA estimates. This represents a net decline of 45 Bcf from the previous week. Stocks were 86 Bcf less than last year at this time and 10 Bcf above the 5-year average of 1,569 Bcf. In the East Region, stocks were 87 Bcf below the 5-year average following net withdrawals of 52 Bcf. Stocks in the Producing Region were 119 Bcf above the 5-year average of 623 Bcf after a net injection of 2 Bcf. Stocks in the West Region were 23 Bcf below the 5-year average after a net addition of 5 Bcf. At 1,579 Bcf, total working gas is within the 5-year historical range.