8-13-2009 Weekly Natural Gas Storage Report


Summary
Working gas in storage was 3,152 Bcf as of Friday, August 7, 2009, according to EIA estimates. This represents a net increase of 63 Bcf from the previous week. Stocks were 592 Bcf higher than last year at this time and 517 Bcf above the 5-year average of 2,635 Bcf. In the East Region, stocks were 163 Bcf above the 5-year average following net injections of 56 Bcf. Stocks in the Producing Region were 279 Bcf above the 5-year average of 794 Bcf after a net injection of 5 Bcf. Stocks in the West Region were 75 Bcf above the 5-year average after a net addition of 2 Bcf. At 3,152 Bcf, total working gas is above the 5-year historical range.

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Permalink Reply by sesport on August 13, 2009 at 18:11
Okay, downhill ride ...not yet, huh? I think the roller coaster is stuck. BTW, are we the Producing Region?

Weekly thanks, 0)
Permalink Reply by The_Baron on August 17, 2009 at 8:58
Typically, drawdowns do not occur until November. Hence the problem. We are on pace for record storage #'s or even reaching capacity.
Permalink Reply by The_Baron on August 17, 2009 at 9:15
Producing Region: Texas, Oklahoma, Kansas, New Mex., LA, AR, AL, & MS

East Consuming: all states east of mississippi river less AL and MS, plus Iowa, Nebraska, and Missouri.

West Consuming: All states west of mississippi river less producing region, and Iowa, Nebraska, and Missouri.
Permalink Reply by sesport on August 17, 2009 at 13:36
Weekly double thanks. Do you think that graph will have to be expanded upward to that 4.000 mark? I'm like the kids, "I don't wanna!" :-P
Permalink Reply by The_Baron on August 18, 2009 at 3:17
We will see. The real question is: "what is the capacity of underground stroage?"

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