La Croix Energy Capital | Petroleum Derivative Trading

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Thursday, February 25, 2010

EIA Weekly NatGas Storage Report 19-Feb-10

NYMEX Natural Gas 15-min Intra-day Price Profile
Summary
"Working gas in storage was 1,853 Bcf as of Friday, February 19, 2010, according to EIA estimates. This represents a net decline of 172 Bcf from the previous week. Stocks were 56 Bcf less than last year at this time and 13 Bcf above the 5-year average of 1,840 Bcf. In the East Region, stocks were 23 Bcf below the 5-year average following net withdrawals of 95 Bcf. Stocks in the Producing Region were 20 Bcf below the 5-year average of 627 Bcf after a net withdrawal of 66 Bcf. Stocks in the West Region were 56 Bcf above the 5-year average after a net drawdown of 11 Bcf. At 1,853 Bcf, total working gas is within the 5-year historical range."

Source: U.S. Energy Information Administration; NOAA