The EIA natural gas inventory report for January 27, 2011 shows that U.S. natural gas inventories declined by 174bcf during the week ended January 21, 2011.
- Working gas in storage was 2,542 Bcf as of Friday, January 21, 2011, according to EIA estimates. This represents a net decline of 174 Bcf from the previous week. Stocks were 9 Bcf higher than last year at this time and 29 Bcf above the 5-year average of 2,513 Bcf. In the East Region, stocks were 96 Bcf below the 5-year average following net withdrawals of 104 Bcf. Stocks in the Producing Region were 117 Bcf above the 5-year average of 795 Bcf after a net withdrawal of 56 Bcf. Stocks in the West Region were 8 Bcf above the 5-year average after a net drawdown of 14 Bcf. At 2,542 Bcf, total working gas is within the 5-year historical range.