Natural Gas Inventory Report 01-13-11

Working gas in storage was 2,959 Bcf as of Friday, January 7, 2011, according to EIA estimates. This represents a net decline of 138 Bcf from the previous week. Stocks were 69 Bcf higher than last year at this time and 161 Bcf above the 5-year average of 2,798 Bcf. In the East Region, stocks were 35 Bcf below the 5-year average following net withdrawals of 80 Bcf. Stocks in the Producing Region were 185 Bcf above the 5-year average of 874 Bcf after a net withdrawal of 20 Bcf. Stocks in the West Region were 10 Bcf above the 5-year average after a net drawdown of 38 Bcf. At 2,959 Bcf, total working gas is within the 5-year historical range.