Analysts' Estimates For Tomorrow's EIA Weekly Storage Report

DJ U.S. Natural-Gas Inventories Expected To Decline By 3 BCF



  By Timothy Puko


  Analysts expect U.S. government data, scheduled for release Thursday, to show that natural-gas inventories last week
fell far less than they usually do at this time of year.

  The U.S. Energy Information Administration is expected to report that storage levels fell by 3 billion cubic feet of
gas during the week ended March 11, according to the average forecast of 21 analysts, brokers 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 March 11 week, the median estimate is for a decline of 3 bcf. Estimates range from a draw of 19 bcf to an
addition of 7 bcf.

  In the same week last year, storage drew down by 88 bcf. The five-year average for the period is a 81-bcf decline.

  If the storage estimate is correct, inventories as of March 11 totaled 2.5 trillion cubic feet, 67% above year-ago
levels and 48% above the five-year average for the same week.


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


  (END) Dow Jones Newswires

  March 16, 2016 14:21 ET (18:21 GMT)

  Copyright (c) 2016 Dow Jones & Company, Inc.

031616 18:21 -- GMT
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