Thursday, July 9, 2009

Weekly Nat Gas Storage Report (for week ending 7.3.09

(Graph from EIA website http://www.eia.doe.gov/oil_gas/natural_gas/ngs/ngs.html )
Curr 2796 +75 Bcf v +85est
Prev 2721
5YrH 2653
5YrA 2344 19.3% above 5Yr Avg
YrAgo 2195 27.4% above last year
5YrL 2062


Summary(Source:EIA)

Working gas in storage was 2,796 Bcf as of Friday, July 3, 2009, according to EIA estimates. This represents a net increase of 75 Bcf from the previous week. Stocks were 601 Bcf higher than last year at this time and 452 Bcf above the 5-year average of 2,344 Bcf. In the East Region, stocks were 114 Bcf above the 5-year average following net injections of 60 Bcf. Stocks in the Producing Region were 245 Bcf above the 5-year average of 768 Bcf after a net injection of 12 Bcf. Stocks in the West Region were 93 Bcf above the 5-year average after a net addition of 3 Bcf. At 2,796 Bcf, total working gas is above the 5-year historical range.


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