Thursday, April 26, 2012

Weekly Natural Gas Storage Report: Up 47 Bcf

As we said earlier this week the numbers the pros are looking for is the April 30 production consumption report.

From the EIA:

Released: April 26, 2012 at 10:30 a.m. (eastern time) for the Week Ending April 20, 2012.
Next Release: May 3, 2012

Working Gas in Underground Storage, Lower 48
Region Stocks in billion cubic feet (Bcf) Historical Comparisons
04/20/12 04/13/12 Change Year Ago (04/20/11) 5-Year (2007-2011) Average
Stocks (Bcf) % Change Stocks (Bcf) % Change
East
West
Producing
Total
R=Revised. The reported revision resulting from resubmissions of data from one or more respondents caused the stocks for April 13, 2012 to change from 2,512 Bcf to 2,501 Bcf. As a result, the implied net change between the weeks ending April 6 and April 13 changed from 25 Bcf to 23 Bcf.

Historical working gas levels for the weeks ending March 23, 2012, March 30, 2012, and April 6, 2012 also were revised to reflect resubmissions of data. Working gas stocks for the week ending April 6, 2012 were changed from 2,487 Bcf to 2,478 Bcf, which lowered the implied net change for that period from 8 Bcf to 6 Bcf. Working gas stocks for the week ending March 30, 2012 were changed from 2,479 Bcf to 2,472 Bcf, which had no impact on the implied net change for that period. Working gas stocks for the week ending March 23, 2012 were revised from 2,437 Bcf to 2,430 Bcf, which lowered the implied net change for that period from 57 Bcf to 50 Bcf.

Changes to the salt-nonsalt breakout for the Producing region are available for download from the link below.