AGA Working Gas Storage Data for Week Ended Mar 16
Mar. 21-MAR--
Washington, Mar. 21 (BridgeNews) - The American Gas Association today
reported U.S. gas storage at 688 bcf for the week ended Mar. 16, down 23
from the previous week, and down 376 from the same period of
2000.
* * *
In billion cubic feet. As of 0900 ET Friday. From the American
Gas Association(1), based on response to an industry survey.
r-denotes revision.
Estimated Working Gas in Storage
This Week Last Week Change Percent
Bcf Bcf Bcf Full(5)
Producing Region(2) 228* 225 +3 24
Consuming Region East(3) 310 341 -31 17
Consuming Region West(4) 150 145 +5 30
Total U.S. 688 711 - 23* 21
Survey Estimate Working Gas
Sample Full Same Week Prior
Percent(6) Bcf Yr Ago 5-Year
Producing Region(2) 78 953 355 334
Consuming Region East(3) 92 1,835 473 475
Consuming Region West(4) 76 506 236 210
Total U.S. 85 3,294 1,064 1,019
(1) A complete explanation of A.G.A.'s methodology for this report
can be found in A.G.A. Issue Brief 2000-01, "American Gas Storage
Survey Procedures and Methodology."
(2) Includes Texas, Oklahoma, Kansas, New Mexico, Louisiana, Arkansas
Mississippi and Alabama.
(3) Includes all states east of the Mississippi River less Alabama and
Mississippi, plus Iowa, Nebraska and Missouri.
(4) Includes all states west of the Mississippi River less the Producing
Region and Iowa, Nebraska and Missouri.
(5) This Week regional and Total U.S. volumes divided by Estimated Full
regional and Total US volumes. This statistic is intended to show
how "full" working gas is at any given time.
(6) This percentage value describes the survey sample size each week
(sample may change if companies fail to report or a company is added
to the weekly survey). It is determined by dividing the maximum
volume held in recent years in reported pools for all the reporting
companies in a given region for that week by that regions estimated
full. Any additions to the sample or failures to report are
reflected in a percentage change from the prior week.
* In addition to the net withdrawal of 23 Bcf of working gas from storage,
1 Bcf of base gas was withdrawn from the Producing Region for the week
ending March 16, 2001. To date, 8 Bcf of base gas has been withdrawn.
Note: This report has been prepared based on information
gathered and aggregated by the American Gas Association.
Neither the American Gas Association nor its members
make any warranty or representation, express or implied,
with respect to the accuracy, completeness or usefulness
of this data. All rights reserved. All copying,
reproduction, retransmission or other use or
dissemination of the information, either in whole or in
part, is permitted only under license from AGA Copyright
AGA 2001. Normal distribution of the American Gas
Storage Survey is initiated each Wednesday between 2:00
- 2:15 p.m. Eastern Time. If for any reason AGA is
closed on Wednesday (the normal reporting day), the
storage report will be distributed on the next business
day that AGA is officially open for business between
2:00 - 2:15 p.m. Business closings can be determined by
calling (202) 824-7000 . Questions regarding this report
should be directed to Chris McGill (202) 824-7132.
End
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