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May 17, 2012

Weekly Natural Gas Storage Data

Published: Feb 02, 2012

Working gas in storage was 2,966 Bcf as of Friday, January 27, 2012, according to EIA estimates. This represents a net decline of 132 Bcf from the previous week. Stocks were 586 Bcf higher than last year at this time and 601 Bcf above the 5-year average of 2,365 Bcf. In the East Region, stocks were 218 Bcf above the 5-year average following net withdrawals of 100 Bcf. Stocks in the Producing Region were 310 Bcf above the 5-year average of 789 Bcf after a net withdrawal of 22 Bcf. Stocks in the West Region were 73 Bcf above the 5-year average after a net drawdown of 10 Bcf. At 2,966 Bcf, total working gas is above the 5-year historical range.

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NATURAL GAS STORAGE*
EIA report for week ending 5-11-2012 Our prediction for week ending 5-10-2012
2667 2659
Weekly change
+61up +53upest

Commodity Prices ($)

Natural Gas2.618
Crude Oil92.81
Heating Oil2.8976
RBOB Gas2.9209
Coal55.65