Alden Energy Consulting LLC

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Weekly Natural Gas Storage Report 2/9

Summary
Working gas in storage was 2,888 Bcf as of Friday, February 3, 2012, according to EIA estimates. This represents a net decline of 78 Bcf from the previous week. Stocks were 714 Bcf higher than last year at this time and 714 Bcf above the 5-year average of 2,174 Bcf. In the East Region, stocks were 276 Bcf above the 5-year average following net withdrawals of 59 Bcf. Stocks in the Producing Region were 351 Bcf above the 5-year average of 737 Bcf after a net withdrawal of 11 Bcf. Stocks in the West Region were 87 Bcf above the 5-year average after a net drawdown of 8 Bcf. At 2,888 Bcf, total working gas is above the 5-year historical range.

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