Weekly Natural Gas Storage Report 1/26
Summary
Working gas in storage was 3,098 Bcf as of Friday, January 20, 2012, according to EIA estimates. This represents a net decline of 192 Bcf from the previous week. Stocks were 531 Bcf higher than last year at this time and 547 Bcf above the 5-year average of 2,551 Bcf. In the East Region, stocks were 202 Bcf above the 5-year average following net withdrawals of 122 Bcf. Stocks in the Producing Region were 284 Bcf above the 5-year average of 837 Bcf after a net withdrawal of 43 Bcf. Stocks in the West Region were 61 Bcf above the 5-year average after a net drawdown of 27 Bcf. At 3,098 Bcf, total working gas is above the 5-year historical range.