Weekly Natural Gas Storage Report 7/12
Summary
Working gas in storage was 3,135 Bcf as of Friday, July 6, 2012, according to EIA estimates. This represents a net increase of 33 Bcf from the previous week. Stocks were 548 Bcf higher than last year at this time and 516 Bcf above the 5-year average of 2,619 Bcf. In the East Region, stocks were 229 Bcf above the 5-year average following net injections of 20 Bcf. Stocks in the Producing Region were 196 Bcf above the 5-year average of 923 Bcf after no net change in stock levels. Stocks in the West Region were 92 Bcf above the 5-year average after a net addition of 13 Bcf. At 3,135 Bcf, total working gas is above the 5-year historical range.
Working gas stocks in the Producing Region, for the week ending July 6, 2012, totaled 1,119 Bcf, with 251 Bcf in salt cavern facilities and 868 Bcf in nonsalt cavern facilities. Working gas stocks decreased 7 Bcf in the salt cavern facilities and increased 8 Bcf in the nonsalt cavern facilities since June 29. An historical series of the salt and nonsalt subtotals of the Producing Region is available for download at: wngsr_producing_region_salt.xls.