Alden Energy Consulting LLC

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Weekly Natural Gas Storage Report 1/16

The public testing period previously announced on November 26, 2013 has been successfully completed. As a result, the U.S. Energy Information Administration (EIA) will implement publication of the new Weekly Natural Gas Storage Report (WNGSR) web products, beginning on January 23, 2014. Details about changes to the Weekly Natural Gas Storage Report (WNGSR) can be found at:  http://ir.eia.gov/ngs/notice.html.

Summary

Working gas in storage was 2,530 Bcf as of Friday, January 10, 2014, according to EIA estimates. This represents a net decline of 287 Bcf from the previous week. Stocks were 659 Bcf less than last year at this time and 443 Bcf below the 5-year average of 2,973 Bcf. In the East Region, stocks were 292 Bcf below the 5-year average following net withdrawals of 149 Bcf. Stocks in the Producing Region were 104 Bcf below the 5-year average of 1,016 Bcf after a net withdrawal of 107 Bcf. Stocks in the West Region were 46 Bcf below the 5-year average after a net drawdown of 31 Bcf. At 2,530 Bcf, total working gas is below the 5-year historical range.

http://ir.eia.gov/ngs/ngs.html