La Croix Energy Capital | Petroleum Derivative Trading

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Thursday, March 25, 2010

EIA Weekly NatGas Storage Report 19-Mar-10

NYMEX Natural Gas 5-min. Intra-day Price Profile
Summary
"Working gas in storage was 1,626 Bcf as of Friday, March 19, 2010, according to EIA estimates. This represents a net increase of 11 Bcf from the previous week. Stocks were 28 Bcf less than last year at this time and 121 Bcf above the 5-year average of 1,505 Bcf. In the East Region, stocks were 64 Bcf above the 5-year average following net withdrawals of 10 Bcf. Stocks in the Producing Region equaled the 5-year average of 581 Bcf after a net injection of 19 Bcf. Stocks in the West Region were 57 Bcf above the 5-year average after a net addition of 2 Bcf. At 1,626 Bcf, total working gas is within the 5-year historical range."

Source: U.S. Energy Information Administration; NOAA