La Croix Energy Capital | Petroleum Derivative Trading

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Thursday, June 17, 2010

EIA Weekly NatGas Storage Report 11-Jun-10

EIA Summary
Working gas in storage was 2,543 Bcf as of Friday, June 11, 2010, according to EIA estimates. This represents a net increase of 87 Bcf from the previous week. Stocks were 2 Bcf higher than last year at this time and 313 Bcf above the 5-year average of 2,230 Bcf. In the East Region, stocks were 94 Bcf above the 5-year average following net injections of 52 Bcf. Stocks in the Producing Region were 129 Bcf above the 5-year average of 790 Bcf after a net injection of 23 Bcf. Stocks in the West Region were 90 Bcf above the 5-year average after a net addition of 12 Bcf. At 2,543 Bcf, total working gas is above the 5-year historical range.

Source: U.S. Energy Information Administration; NOAA