Weekly Natural Gas Storage Report 2/23
Summary
Working gas in storage was 2,595 Bcf as of Friday, February 17, 2012, according to EIA estimates. This represents a net decline of 166 Bcf from the previous week. Stocks were 753 Bcf higher than last year at this time and 744 Bcf above the 5-year average of 1,851 Bcf. In the East Region, stocks were 300 Bcf above the 5-year average following net withdrawals of 97 Bcf. Stocks in the Producing Region were 343 Bcf above the 5-year average of 650 Bcf after a net withdrawal of 58 Bcf. Stocks in the West Region were 102 Bcf above the 5-year average after a net drawdown of 11 Bcf. At 2,595 Bcf, total working gas is above the 5-year historical range.