Weekly Natural Gas Storage Report 3/15
Summary
Working gas in storage was 2,369 Bcf as of Friday, March 9, 2012, according to EIA estimates. This represents a net decline of 64 Bcf from the previous week. Stocks were 735 Bcf higher than last year at this time and 807 Bcf above the 5-year average of 1,562 Bcf. In the East Region, stocks were 340 Bcf above the 5-year average following net withdrawals of 55 Bcf. Stocks in the Producing Region were 361 Bcf above the 5-year average of 604 Bcf after a net withdrawal of 2 Bcf. Stocks in the West Region were 106 Bcf above the 5-year average after a net drawdown of 7 Bcf. At 2,369 Bcf, total working gas is above the 5-year historical range.