Analysts' Estimates For Tomorrow's Weekly EIA Natural Gas Storage Report

DJ Analysts See 87-Billion-Cubic-Feet Addition to U.S. Natural Gas Inventories
  By Timothy Puko


  Analysts and traders expect government data scheduled for release Thursday to show natural gas inventories added
about 50% more to stockpiles last week than they usually do at this time of year.

  The U.S. Energy Information Administration is expected to report storage levels grew by 87 billion cubic feet of gas
during the week ended Friday, according to the average forecast of 14 analysts and traders surveyed by The Wall Street
Journal.

  The EIA is scheduled to release its storage data for the week on Thursday at 10:30 a.m. EDT.

  For the week ended Friday, the median estimate is for an addition of 89 bcf. Estimates range from an addition of 74
bcf to an addition of 94 bcf.

  The estimate for Friday compares to 77 bcf added to storage for the same week last year and the 55-bcf five-year
average addition for that week.

  If the storage estimate is correct, inventories as of Friday totaled 1.7 trillion cubic feet, 77% above levels from a
year ago and 3.9% below the five-year average for the same week.


  Write to Timothy Puko at tim.puko@wsj.com


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  (END) Dow Jones Newswires

  April 29, 2015 15:28 ET (19:28 GMT)

  Copyright (c) 2015 Dow Jones & Company, Inc.

042915 19:28 -- GMT
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