EIA Weekly Natural Gas Storage Report: UP 62 Bcf

We were looking for 60, the range of estimates was 57-64. The futures are up 6.7 cents at $2.584.
The futures had been up over 12 cents.
We'll have more this afternoon.
From the EIA:
Released: June 21, 2012 at 10:30 a.m. (eastern time) for the Week Ending June 15, 2012.
Next Release: June 28, 2012

Working Gas in Underground Storage, Lower 48

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Region	Stocks in billion cubic feet (Bcf)			Historical Comparisons
	06/15/12	06/08/12	Change	Year Ago (06/15/11)		5-Year (2007-2011) Average
				Stocks (Bcf)	% Change	Stocks (Bcf)	% Change
East	1,443	1,406	37	1,054	36.9	1,130	27.7
West	447	436	11	317	41.0	360	24.2
Producing	1,116	1,102	14	955	16.9	876	27.4
Total	3,006	2,944	62	2,326	29.2	2,365	27.1

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 3,006 Bcf as of Friday, June 15, 2012, according to EIA estimates. This represents a net increase of 62 Bcf from the previous week. Stocks were 680 Bcf higher than last year at this time and 641 Bcf above the 5-year average of 2,365 Bcf. In the East Region, stocks were 313 Bcf above the 5-year average following net injections of 37 Bcf. Stocks in the Producing Region were 240 Bcf above the 5-year average of 876 Bcf after a net injection of 14 Bcf. Stocks in the West Region were 87 Bcf above the 5-year average after a net addition of 11 Bcf. At 3,006 Bcf, total working gas is above the 5-year historical range. Working gas stocks in the Producing Region, for the week ending June 15, 2012, totaled 1,116 Bcf, with 265 Bcf in salt cavern facilities and 851 Bcf in nonsalt cavern facilities. Working gas stocks increased 4 Bcf in the salt cavern facilities and increased 10 Bcf in the nonsalt cavern facilities since June 8. An historical series of the salt and nonsalt subtotals of the Producing Region is available for download at: wngsr_producing_region_salt.xls.

Note: The shaded area indicates the range between the historical minimum and maximum values for the weekly series from 2007 through 2011. Source: Form EIA-912, "Weekly Underground Natural Gas Storage Report." The dashed vertical lines indicate current and year-ago weekly periods.