La Croix Energy Capital | Petroleum Derivative Trading

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Thursday, May 27, 2010

EIA Weekly NatGas Storage Report 21-May-10

EIA Summary
Working gas in storage was 2,269 Bcf as of Friday, May 21, 2010, according to EIA estimates. This represents a net increase of 104 Bcf from the previous week. Stocks were 71 Bcf higher than last year at this time and 318 Bcf above the 5-year average of 1,951 Bcf. In the East Region, stocks were 117 Bcf above the 5-year average following net injections of 55 Bcf. Stocks in the Producing Region were 115 Bcf above the 5-year average of 730 Bcf after a net injection of 31 Bcf. Stocks in the West Region were 86 Bcf above the 5-year average after a net addition of 18 Bcf. At 2,269 Bcf, total working gas is above the 5-year historical range.

Source: U.S. Energy Information Administration; NOAA