fmx | energy | connect - Natural Gas Storage Report for Week Ending November 19, 2010

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Natural Gas Storage Report for Week Ending November 19, 2010

November 24 2010, 12:02

Natural Gas Storage Report for Week Ending November 19, 2010

FMX | Connect – www.fmxconnect.com - (Reported 11/24/2010)

Summary
Working gas in storage was 3,837 Bcf as of Friday, November 19, 2010, according to EIA estimates. This represents a net decline of 6 Bcf from the previous week. Stocks were 2 Bcf higher than last year at this time and 334 Bcf above the 5-year average of 3,503 Bcf. In the East Region, stocks were 74 Bcf above the 5-year average following net withdrawals of 10 Bcf. Stocks in the Producing Region were 217 Bcf above the 5-year average of 1,032 Bcf after a net injection of 3 Bcf. Stocks in the West Region were 43 Bcf above the 5-year average after a net addition of 1 Bcf. At 3,837 Bcf, total working gas is above the 5-year historical range.

Note: The shaded area indicates the range between the historical minimum and maximum values for the weekly series from 2005 through 2009.
Source: Form EIA-912, "Weekly Underground Natural Gas Storage Report." The dashed vertical lines indicate current and year-ago weekly periods.

Source: EIA

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