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Thursday, February 18, 2010

EIA Wkly Natural Gas Storage Report 12-Feb-10

Summary
"Working gas in storage was 2,025 Bcf as of Friday, February 12, 2010, according to EIA estimates. This represents a net decline of 190 Bcf from the previous week. Stocks were 26 Bcf higher than last year at this time and 53 Bcf above the 5-year average of 1,972 Bcf. In the East Region, stocks were 18 Bcf below the 5-year average following net withdrawals of 105 Bcf. Stocks in the Producing Region were 18 Bcf above the 5-year average of 655 Bcf after a net withdrawal of 63 Bcf. Stocks in the West Region were 52 Bcf above the 5-year average after a net drawdown of 22 Bcf. At 2,025 Bcf, total working gas is within the 5-year historical range."

Source: U.S. Energy Information Administration; NOAA