Thursday, February 26, 2009
Natural Gas Inventory Report 2-26-09
Working gas in storage was 1,895 Bcf as of Friday, February 20, 2009, according to EIA estimates. This represents a net decline of 101 Bcf from the previous week. Stocks were 233 Bcf higher than last year at this time and 199 Bcf above the 5-year average of 1,696 Bcf. In the East Region, stocks were 32 Bcf below the 5-year average following net withdrawals of 71 Bcf. Stocks in the Producing Region were 163 Bcf above the 5-year average of 560 Bcf after a net withdrawal of 14 Bcf. Stocks in the West Region were 68 Bcf above the 5-year average after a net drawdown of 16 Bcf. At 1,895 Bcf, total working gas is within the 5-year historical range.
Natural Gas Prices Test New Lows
Natural gas prices remain at multi year lows, leading many producers to further curtail production and expansion plans.
Thursday, February 19, 2009
Natural Gas Inventory Report 2-19-09
Working gas in storage was 1,996 Bcf as of Friday, February 13, 2009, according to EIA estimates. This represents a net decline of 24 Bcf from the previous week. Stocks were 177 Bcf higher than last year at this time and 155 Bcf above the 5-year average of 1,841 Bcf. In the East Region, stocks were 57 Bcf below the 5-year average following net withdrawals of 25 Bcf. Stocks in the Producing Region were 142 Bcf above the 5-year average of 595 Bcf after a net injection of 16 Bcf. Stocks in the West Region were 69 Bcf above the 5-year average after a net drawdown of 15 Bcf. At 1,996 Bcf, total working gas is within the 5-year historical range.
Thursday, February 12, 2009
Natural Gas Inventory Report 2-12-09
Working gas in storage was 2,020 Bcf as of Friday, February 6, 2009, according to EIA estimates. This represents a net decline of 159 Bcf from the previous week. Stocks were 44 Bcf higher than last year at this time and 24 Bcf above the 5-year average of 1,996 Bcf. In the East Region, stocks were 130 Bcf below the 5-year average following net withdrawals of 115 Bcf. Stocks in the Producing Region were 86 Bcf above the 5-year average of 635 Bcf after a net withdrawal of 37 Bcf. Stocks in the West Region were 68 Bcf above the 5-year average after a net drawdown of 7 Bcf. At 2,020 Bcf, total working gas is within the 5-year historical range.
Thursday, February 05, 2009
Natural Gas Inventory Report 2-5-09
Working gas in storage was 2,179 Bcf as of Friday, January 30, 2009, according to EIA estimates. This represents a net decline of 195 Bcf from the previous week. Stocks were 60 Bcf higher than last year at this time and 17 Bcf above the 5-year average of 2,162 Bcf. In the East Region, stocks were 118 Bcf below the 5-year average following net withdrawals of 125 Bcf. Stocks in the Producing Region were 80 Bcf above the 5-year average of 678 Bcf after a net withdrawal of 50 Bcf. Stocks in the West Region were 54 Bcf above the 5-year average after a net drawdown of 20 Bcf. At 2,179 Bcf, total working gas is within the 5-year historical range.
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