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Wednesday, November 18, 2015

Analysts' Estimates For Tomorrow's EIA Weekly Storage Report

DJ Analysts See 17 Billion Cubic Feet Add to U.S. Natural-Gas Inventories


  By Timothy Puko


  Analysts expect U.S. government data scheduled for release Thursday to show natural-gas inventories last week rose at
a time of year when they usually fall.

  The U.S. Energy Information Administration is expected to report that storage levels grew by 17 billion cubic feet of
gas during the week ended Nov. 13 , according to the average forecast of 19 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. EST.

  For the Nov. 13 week, the median estimate is for an addition of 17 bcf. Estimates range from an addition of 5 bcf to
an addition of 29 bcf.

  For the same week last year, 9 bcf were drawn from storage. The five-year average is for a reduction of 12 bcf for
that week.

  If the storage estimate is correct, inventories as of Nov. 13 totaled 4 trillion cubic feet, 11% above levels from a
year ago and 5.5% 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

  November 18, 2015 14:58 ET (19:58 GMT)

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

111815 19:58 -- GMT
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