La Croix Energy Capital | Petroleum Derivative Trading

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Thursday, April 29, 2010

EIA Weekly NatGas Storage Report 23-Apr-10

NYMEX Natural Gas 5-min. Intra-day Price Profile
EIA Summary
"Working gas in storage was 1,912 Bcf as of Friday, April 23, 2010, according to EIA estimates. This represents a net increase of 83 Bcf from the previous week. Stocks were 101 Bcf higher than last year at this time and 303 Bcf above the 5-year average of 1,609 Bcf. In the East Region, stocks were 146 Bcf above the 5-year average following net injections of 38 Bcf. Stocks in the Producing Region were 83 Bcf above the 5-year average of 644 Bcf after a net injection of 31 Bcf. Stocks in the West Region were 74 Bcf above the 5-year average after a net addition of 14 Bcf. At 1,912 Bcf, total working gas is above the 5-year historical range."

Source: U.S. Energy Information Administration; NOAA