Alden Energy Consulting LLC

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Weekly Natural Gas Storage Report 3/5

Summary

Working gas in storage was 1,196 Bcf as of Friday, February 28, 2014, according to EIA estimates. This represents a net decline of 152 Bcf from the previous week. Stocks were 908 Bcf less than last year at this time and 758 Bcf below the 5-year average of 1,954 Bcf. In the East Region, stocks were 370 Bcf below the 5-year average following net withdrawals of 82 Bcf. Stocks in the Producing Region were 273 Bcf below the 5-year average of 754 Bcf after a net withdrawal of 43 Bcf. Stocks in the West Region were 114 Bcf below the 5-year average after a net drawdown of 27 Bcf. At 1,196 Bcf, total working gas is below the 5-year historical range.

For more: 

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