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Thursday, June 25, 2009

natural gas in storage

Injection of 94 BCF; Below the expectation for a 100 BCF Injection

For the week ending Friday, June 19, 2009, total natural gas in storage increased 94 BCF to 2,651 BCF from 2,443 BCF a week ago. The storage level is now 631 BCF (31.2%) higher than this time last year and 482 BCF (22.2%) above the five year average. The east region had a net injection of 70 BCF. Total gas in storage in that region is at 1,234 BCF, which is 10.3% higher than the five year average. The west region reported a net injection of 12 BCF, increasing gas in storage to 420 BCF (32.1% higher than the five year average). The producing region reported a net injection of 12 BCF, with gas in storage at 997 BCF (36.2% above the five year average).

-M

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