La Croix Energy Capital | Petroleum Derivative Trading

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Sunday, June 6, 2010

EIA Weekly NatGas Storage Report 28-May-10


EIA Summary
Working gas in storage was 2,357 Bcf as of Friday, May 28, 2010, according to EIA estimates. This represents a net increase of 88 Bcf from the previous week. Stocks were 38 Bcf higher than last year at this time and 306 Bcf above the 5-year average of 2,051 Bcf. In the East Region, stocks were 105 Bcf above the 5-year average following net injections of 48 Bcf. Stocks in the Producing Region were 114 Bcf above the 5-year average of 754 Bcf after a net injection of 23 Bcf. Stocks in the West Region were 88 Bcf above the 5-year average after a net addition of 17 Bcf. At 2,357 Bcf, total working gas is above the 5-year historical range.

Source: U.S. Energy Information Administration; NOAA