Alden Energy Consulting LLC

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Weekly Natural Gas Storage Report 2/7

Summary

Working gas in storage was 2,684 Bcf as of Friday, February 1, 2013, according to EIA estimates. This represents a net decline of 118 Bcf from the previous week. Stocks were 226 Bcf less than last year at this time and 351 Bcf above the 5-year average of 2,333 Bcf. In the East Region, stocks were 118 Bcf above the 5-year average following net withdrawals of 88 Bcf. Stocks in the Producing Region were 174 Bcf above the 5-year average of 819 Bcf after a net withdrawal of 20 Bcf. Stocks in the West Region were 59 Bcf above the 5-year average after a net drawdown of 10 Bcf. At 2,684 Bcf, total working gas is within the 5-year historical range.

http://ir.eia.gov/ngs/ngs.html