Weekly Natural Gas Storage Report 1/29
Summary
Working gas in storage was 2,543 Bcf as of Friday, January 23, 2015, according to EIA estimates. This represents a net decline of 94 Bcf from the previous week. Stocks were 324 Bcf higher than last year at this time and 79 Bcf below the 5-year average of 2,622 Bcf. In the East Region, stocks were 40 Bcf below the 5-year average following net withdrawals of 69 Bcf. Stocks in the Producing Region were 43 Bcf below the 5-year average of 930 Bcf after a net withdrawal of 16 Bcf. Stocks in the West Region were 4 Bcf above the 5-year average after a net drawdown of 9 Bcf. At 2,543 Bcf, total working gas is within the 5-year historical range.