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Oil and Gas Marketing Report >> September-2010

Natural Gas Storage

EIA reports working gas in storage was 3052 bcf as of August 20, 2010 representing a net increase of 40 bcf from the previous week. Stocks are 198 bcf less than last year at this time and are 177 bcf above the 5-year average of 2875 bcf.

Canadian storage numbers showed western storage up 4.4 bcf to 327.1 and eastern storage was up 1.9 to 157.9 for the week ending July 23, 2010. In the West, Husky and Alberta Hub are no longer reporting storage statistics to CGA. This represents a reduction of 25% of reported Canadian capacity. The overall data is no longer representative of the overall Canadian storage market.

23 Dec 2009
WTI	US$/Bbl	73.75
Edmonton	CDN$/Bbl	69.41
NYMEX Gas	US$/MMbtu	5.37
AECO	CDN$/GJ	6.22

Working Gas in Underground Storage

20 August 2010

US East

1624 bcf

US West

479 bcf

US Prod

949 bcf

23 July 2010

CDN East

157.9 bcf

CDN West

327.1 bcf

PETROassist.com provides this marketing information as a service to its customers and other interested parties. The purpose of this page is to provide general information on oil and gas prices and trends. While the information contained in this document was obtained from sources believed to be reliable PETROassist.com makes no warranty as to the accuracy of the information posted.
Sources: Bloomberg | International Energy Agency | OPEC

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