The EIA reports that U.S. natural gas inventories increased by 112 bcf during the week ended October 7, 2011.
The October 13, 2011 natural gas inventory report:
- Working gas in storage was 3,521 Bcf as of Friday, October 7, 2011, according to EIA estimates. This represents a net increase of 112 Bcf from the previous week. Stocks were 56 Bcf less than last year at this time and 68 Bcf above the 5-year average of 3,453 Bcf. In the East Region, stocks were 19 Bcf below the 5-year average following net injections of 54 Bcf. Stocks in the Producing Region were 74 Bcf above the 5-year average of 1,030 Bcf after a net injection of 44 Bcf. Stocks in the West Region were 13 Bcf above the 5-year average after a net addition of 14 Bcf. At 3,521 Bcf, total working gas is within the 5-year historical range.
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