Natural Gas Inventory Report 03-24-11

Working gas in storage was 1,612 Bcf as of Friday, March 18, 2011, according to EIA estimates. This represents a net decline of 6 Bcf from the previous week. Stocks were 12 Bcf less than last year at this time and 34 Bcf above the 5-year average of 1,578 Bcf. In the East Region, stocks were 61 Bcf below the 5-year average following net withdrawals of 22 Bcf. Stocks in the Producing Region were 116 Bcf above the 5-year average of 599 Bcf after a net injection of 15 Bcf. Stocks in the West Region were 21 Bcf below the 5-year average after a net addition of 1 Bcf. At 1,612 Bcf, total working gas is within the 5-year historical range.