Weekly Natural Gas Storage Report 1/5
Summary
Working gas in storage was 3,472 Bcf as of Friday, December 30, 2011, according to EIA estimates. This represents a net decline of 76 Bcf from the previous week. Stocks were 356 Bcf higher than last year at this time and 458 Bcf above the 5-year average of 3,014 Bcf. In the East Region, stocks were 193 Bcf above the 5-year average following net withdrawals of 62 Bcf. Stocks in the Producing Region were 499 Bcf above the 5-year average of 696 Bcf after a net withdrawal of 10 Bcf. Stocks in the West Region were 39 Bcf above the 5-year average after a net drawdown of 4 Bcf. At 3,472 Bcf, total working gas is above the 5-year historical range.