Working Gas storage declines 189 Billion Cubic Feet or about 7.4%

Via EIA:

Working gas in storage was 2,353 billion cubic feet as of Friday, January 28, 2011, according to EIA estimates. This represents a net decline of 189 Bcf from the previous week. Stocks were 69 Bcf less than last year at this time and 5 Bcf above the 5-year average of 2,348 Bcf.

This is nothing to be alarmed at as seasonal adjustments can be quite sporadic and people tend to consume more natural gas in the cold winter months. 


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