By this time of the year the withdraw from storage is in the double digits but today’s report is for a very low 1 bcf. This moves the storage volume to higher than normal.
U.S Energy Information Administration
Weekly Natural Gas Storage Report
Released: December 1, 2011 at 10:30 a.m. (eastern time) for the Week Ending November 25, 2011.
Next Release: December 8, 2011
Working gas in storage was 3,851 Bcf as of Friday, November 25, 2011, according to EIA estimates. This represents a net decline of 1 Bcf from the previous week. Stocks were 41 Bcf higher than last year at this time and 261 Bcf above the 5-year average of 3,590 Bcf. In the East Region, stocks were 73 Bcf above the 5-year average following net withdrawals of 17 Bcf. Stocks in the Producing Region were 159 Bcf above the 5-year average of 1,102 Bcf after a net injection of 14 Bcf. Stocks in the West Region were 29 Bcf above the 5-year average after a net addition of 2 Bcf. At 3,851 Bcf, total working gas is above the 5-year historical range.