It's getting a bit late in the year to be putting gas into storage. The front futures are down another 2 cents at $3.36.
From the
Energy Information Administration:
Released: December 13, 2012 at 10:30 a.m. (eastern time) for the Week Ending December 7, 2012.
Next Release: December 20, 2012
Working Gas in Underground Storage, Lower 48 |
other formats: Summary TXT CSV |
Region |
Stocks in billion cubic feet (Bcf) |
Historical Comparisons |
12/07/12 |
11/30/12 |
Change |
Year Ago (12/07/11) |
5-Year (2007-2011) Average |
Stocks (Bcf) |
% Change |
Stocks (Bcf) |
% Change |
East |
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West |
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Producing |
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Total |
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Summary
Working gas in storage was 3,806 Bcf as of Friday, December 7, 2012,
according to EIA estimates. This represents a net increase of 2 Bcf from the previous week.
Stocks were 48 Bcf higher than last year at this time and 283 Bcf above
the 5-year average of 3,523 Bcf. In the East Region, stocks were 42 Bcf above
the 5-year average following net withdrawals of 12 Bcf. Stocks in the Producing Region were 171 Bcf above
the 5-year average of 1,114 Bcf after
a net injection of 12 Bcf. Stocks in the West Region
were 70 Bcf above the 5-year average after a net addition of 2 Bcf. At 3,806 Bcf,
total working gas is above the 5-year historical range.
More later.