Weekly Natural Gas Storage Report 3/8

Working gas in storage was 2,433 Bcf as of Friday, March 2, 2012, according to EIA estimates. This represents a net decline of 80 Bcf from the previous week. Stocks were 739 Bcf higher than last year at this time and 792 Bcf above the 5-year average of 1,641 Bcf. In the East Region, stocks were 333 Bcf above the 5-year average following net withdrawals of 60 Bcf. Stocks in the Producing Region were 352 Bcf above the 5-year average of 615 Bcf after a net withdrawal of 7 Bcf. Stocks in the West Region were 108 Bcf above the 5-year average after a net drawdown of 13 Bcf. At 2,433 Bcf, total working gas is above the 5-year historical range.

http://ir.eia.gov/ngs/ngs.html