Weekly Natural Gas Report -- 12/28/2012

December 28, 2012 08:23 AM
 

Working natural gas in storage fell 72 Bcf during the report week, as of Friday, December 21. According to EIA data this figure puts current stocks 81 Bcf above the same time last year and 413 Bcf above the five-year average. In other words, stocks are good both year-over and in the five-year.

In the East Region, stocks were 129 Bcf above the 5-year average following net withdrawals of 42 Bcf. Stocks in the Producing Region were 203 Bcf above the 5-year average of 1,046 Bcf after a net withdrawal of 12 Bcf. Stocks in the West Region were 81 Bcf above the 5-year average after a net drawdown of 18 Bcf. Total working gas is above the 5-year historical range at 3,652 Bcf.

ngs12 28


 

Back to news


Comments

 
Spell Check

No comments have been posted to this News Article

Corn College TV Education Series

2014_Team_Shot_with_Logo

Get nearly 8 hours of educational video with Farm Journal's top agronomists. Produced in the field and neatly organized by topic, from spring prep to post-harvest. Order now!

Markets

Market Data provided by QTInfo.com
Brought to you by Beyer
Close