Thursday, January 17, 2008

Natural Gas Inventory Report 01-17-08

Working gas in storage was 2,691 Bcf as of Friday, January 11, 2008, according to EIA estimates. This represents a net decline of 59 Bcf from the previous week. Stocks were 258 Bcf less than last year at this time and 168 Bcf above the 5-year average of 2,523 Bcf. In the East Region, stocks were 41 Bcf above the 5-year average following net withdrawals of 29 Bcf. Stocks in the Producing Region were 109 Bcf above the 5-year average of 749 Bcf after a net withdrawal of 6 Bcf. Stocks in the West Region were 18 Bcf above the 5-year average after a net drawdown of 24 Bcf. At 2,691 Bcf, total working gas is within the 5-year historical range.

Thursday, January 10, 2008

Natural Gas Inventory Report 01-10-08

Working gas in storage was 2,750 Bcf as of Friday, January 4, 2008, according to EIA estimates. This represents a net decline of 171 Bcf from the previous week. Stocks were 282 Bcf less than last year at this time and 122 Bcf above the 5-year average of 2,628 Bcf. In the East Region, stocks were 7 Bcf above the 5-year average following net withdrawals of 93 Bcf. Stocks in the Producing Region were 89 Bcf above the 5-year average of 775 Bcf after a net withdrawal of 58 Bcf. Stocks in the West Region were 25 Bcf above the 5-year average after a net drawdown of 20 Bcf. At 2,750 Bcf, total working gas is within the 5-year historical range.

Natural Gas Prices Break Above 50dma

Friday, January 04, 2008

Working gas in storage was 2,921 Bcf as of Friday, December 28, 2007, according to EIA estimates. This represents a net decline of 87 Bcf from the previous week. Stocks were 160 Bcf less than last year at this time and 222 Bcf above the 5-year average of 2,699 Bcf. In the East Region, stocks were 52 Bcf above the 5-year average following net withdrawals of 53 Bcf. Stocks in the Producing Region were 137 Bcf above the 5-year average of 785 Bcf after a net withdrawal of 16 Bcf. Stocks in the West Region were 33 Bcf above the 5-year average after a net drawdown of 18 Bcf. At 2,921 Bcf, total working gas is within the 5-year historical range.