Thursday, March 06, 2008

Natural Gas Inventory Report 3-06-08

Working gas in storage was 1,484 Bcf as of Friday, February 29, 2008, according to EIA estimates. This represents a net decline of 135 Bcf from the previous week. Stocks were 169 Bcf less than last year at this time and 63 Bcf above the 5-year average of 1,421 Bcf. In the East Region, stocks were 24 Bcf above the 5-year average following net withdrawals of 92 Bcf. Stocks in the Producing Region were 63 Bcf above the 5-year average of 472 Bcf after a net withdrawal of 36 Bcf. Stocks in the West Region were 25 Bcf below the 5-year average after a net drawdown of 7 Bcf. At 1,484 Bcf, total working gas is within the 5-year historical range.

Thursday, February 28, 2008

Natural Gas Inventory Report 2-28-08

Working gas in storage was 1,619 Bcf as of Friday, February 22, 2008, according to EIA estimates. This represents a net decline of 151 Bcf from the previous week. Stocks were 133 Bcf less than last year at this time and 87 Bcf above the 5-year average of 1,532 Bcf. In the East Region, stocks were 42 Bcf above the 5-year average following net withdrawals of 100 Bcf. Stocks in the Producing Region were 77 Bcf above the 5-year average of 494 Bcf after a net withdrawal of 35 Bcf. Stocks in the West Region were 32 Bcf below the 5-year average after a net drawdown of 16 Bcf. At 1,619 Bcf, total working gas is within the 5-year historical range.

Monday, February 25, 2008

Cold Weather Continues To Fuel Natural Gas Rally


Natural Gas prices are on the verge of a triple top breakout.

Thursday, February 21, 2008

Natural Gas Inventory Report 2-21-08

Working gas in storage was 1,770 Bcf as of Friday, February 15, 2008, according to EIA estimates. This represents a net decline of 172 Bcf from the previous week. Stocks were 127 Bcf less than last year at this time and 97 Bcf above the 5-year average of 1,673 Bcf. In the East Region, stocks were 52 Bcf above the 5-year average following net withdrawals of 120 Bcf. Stocks in the Producing Region were 78 Bcf above the 5-year average of 528 Bcf after a net withdrawal of 37 Bcf. Stocks in the West Region were 32 Bcf below the 5-year average after a net drawdown of 15 Bcf. At 1,770 Bcf, total working gas is within the 5-year historical range.