La Croix Energy Capital | Petroleum Derivative Trading

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Thursday, April 8, 2010

EIA Weekly NatGas Storage Report 2-Apr-10

NYMEX Natural Gas 60-min. Intra-day Price Profile
EIA Summary
"Working gas in storage was 1,669 Bcf as of Friday, April 2, 2010, according to EIA estimates. This represents a net increase of 31 Bcf from the previous week. Stocks were 2 Bcf less than last year at this time and 180 Bcf above the 5-year average of 1,489 Bcf. In the East Region, stocks were 87 Bcf above the 5-year average following net withdrawals of 3 Bcf. Stocks in the Producing Region were 28 Bcf above the 5-year average of 599 Bcf after a net injection of 31 Bcf. Stocks in the West Region were 65 Bcf above the 5-year average after a net addition of 3 Bcf. At 1,669 Bcf, total working gas is within the 5-year historical range."

Source: U.S. Energy Information Administration; NOAA