Weekly Natural Gas Storage Report 1/8
Summary
Working gas in storage was 3,089 Bcf as of Friday, January 2, 2015, according to EIA estimates. This represents a net decline of 131 Bcf from the previous week. Stocks were 250 Bcf higher than last year at this time and 67 Bcf below the 5-year average of 3,156 Bcf. In the East Region, stocks were 36 Bcf below the 5-year average following net withdrawals of 65 Bcf. Stocks in the Producing Region were 24 Bcf below the 5-year average of 1,090 Bcf after a net withdrawal of 33 Bcf. Stocks in the West Region were 7 Bcf below the 5-year average after a net drawdown of 33 Bcf. At 3,089 Bcf, total working gas is within the 5-year historical range.