Weekly Natural Gas Storage Report 2/2
Summary
Working gas in storage was 2,966 Bcf as of Friday, January 27, 2012, according to EIA estimates. This represents a net decline of 132 Bcf from the previous week. Stocks were 586 Bcf higher than last year at this time and 601 Bcf above the 5-year average of 2,365 Bcf. In the East Region, stocks were 218 Bcf above the 5-year average following net withdrawals of 100 Bcf. Stocks in the Producing Region were 310 Bcf above the 5-year average of 789 Bcf after a net withdrawal of 22 Bcf. Stocks in the West Region were 73 Bcf above the 5-year average after a net drawdown of 10 Bcf. At 2,966 Bcf, total working gas is above the 5-year historical range.