DJ Analysts See 60 Billion-Cubic Feet Add to U.S. Natural-Gas Inventories
By Timothy Puko
Analysts expect government data scheduled for release Thursday to show natural-gas inventories last week rose by
about 11% more than their five-year average for that time of the year.
The U.S. Energy Information Administration is expected to report that storage levels grew by 60 billion cubic feet of
gas during the week ended Aug. 14, according to the average forecast of 13 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 Aug. 14 week, the median estimate is for an addition of 61 bcf. Estimates range from an addition of 50 bcf to
an addition of 68 bcf.
The estimate for Aug. 14 compares with 86 bcf added to storage for the same week last year and the 54-bcf five-year
average addition for that week.
If the storage estimate is correct, inventories as of Aug. 14 totaled 3 trillion cubic feet, 19% above levels from a
year ago and 3% above 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
August 19, 2015 17:46 ET (21:46 GMT)
Copyright (c) 2015 Dow Jones & Company, Inc.
081915 21:46 -- GMT
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