Thursday, June 6, 2013

EIA: Natural Gas Storage Report--A Big Build

The futures are trading down 13 cents at $3.87.
From the EIA:

Weekly Natural Gas Storage Report

for week ending May 31, 2013.   |   Released: June 6, 2013 at 10:30 a.m.   |   Next Release: June 13, 2013

Working gas in underground storage, lower 48 states Summary text CSV JSN


Historical Comparisons
Stocks
billion cubic feet (Bcf)

Year ago
(05/31/12)
5-Year average
(2008-2012)
Region 05/31/13 05/24/13 change
(Bcf) % change (Bcf) % change
East 968   910   58  
1,358   -28.7   1,074   -9.9  
West 396   380   16  
421   -5.9   349   13.5  
Producing 888   851   37  
1,089   -18.5   898   -1.1  
   Salt 254   243   11  
260   -2.3   169   50.3  
   Nonsalt 634   608   26  
829   -23.5   729   -13.0  
Total 2,252   2,141   111  
2,868   -21.5   2,321   -3.0  

Summary

Working gas in storage was 2,252 Bcf as of Friday, May 31, 2013, according to EIA estimates. This represents a net increase of 111 Bcf from the previous week. Stocks were 616 Bcf less than last year at this time and 69 Bcf below the 5-year average of 2,321 Bcf. In the East Region, stocks were 106 Bcf below the 5-year average following net injections of 58 Bcf. Stocks in the Producing Region were 10 Bcf below the 5-year average of 898 Bcf after a net injection of 37 Bcf. Stocks in the West Region were 47 Bcf above the 5-year average after a net addition of 16 Bcf. At 2,252 Bcf, total working gas is within the 5-year historical range....MORE

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