Weekly Natural Gas Storage Report 1/12
Summary
Working gas in storage was 3,377 Bcf as of Friday, January 6, 2012, according to EIA estimates. This represents a net decline of 95 Bcf from the previous week. Stocks were 398 Bcf higher than last year at this time and 491 Bcf above the 5-year average of 2,886 Bcf. In the East Region, stocks were 194 Bcf above the 5-year average following net withdrawals of 76 Bcf. Stocks in the Producing Region were 241 Bcf above the 5-year average of 938 Bcf after a net withdrawal of 16 Bcf. Stocks in the West Region were 56 Bcf above the 5-year average after a net drawdown of 3 Bcf. At 3,377 Bcf, total working gas is above the 5-year historical range.