EIA: Natural Gas in Storage Rises 25 BCF, Futures Trade Down

The near futures are down 1.33% at $1.925. We are still looking for $1.80 end-of-May/early-June.
From the Energy Information Administration:

Working Gas in Underground Storage, Lower 48

other formats:  Summary TXT  CSV

Region	Stocks in billion cubic feet (Bcf)			Historical Comparisons
	04/13/12	04/06/12	Change	Year Ago (04/13/11)		5-Year (2007-2011) Average
				Stocks (Bcf)	% Change	Stocks (Bcf)	% Change
East	1,105	1,092	13	644	71.6	673	64.2
West	358	353	5	222	61.3	247	44.9
Producing	1,049	1,042	7	775	35.4	673	55.9
Total	2,512	2,487	25	1,641	53.1	1,593	57.7

Notes and Definitions Beginning with the report period for the week ending March 16, 2012, EIA is including salt dome and nonsalt-dome subtotals for the Producing Region in the “Summary” section.   The sum of the components may not equal the total for the Producing Region, because of independent rounding.

Summary
Working gas in storage was 2,512 Bcf as of Friday, April 13, 2012, according to EIA estimates. This represents a net increase of 25 Bcf from the previous week. Stocks were 871 Bcf higher than last year at this time and 919 Bcf above the 5-year average of 1,593 Bcf. In the East Region, stocks were 432 Bcf above the 5-year average following net injections of 13 Bcf. Stocks in the Producing Region were 376 Bcf above the 5-year average of 673 Bcf after a net injection of 7 Bcf. Stocks in the West Region were 111 Bcf above the 5-year average after a net addition of 5 Bcf. At 2,512 Bcf, total working gas is above the 5-year historical range....MORE