Dow Jones - Analyst Survey For Tomorrow's Natural Gas Storage Report

DJ Analysts See 84-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 75% more than their average addition for
this time of year.

  The U.S. Energy Information Administration is expected to report that storage
levels rose by 84 billion cubic feet of gas during the week ended Aug. 15,
according to the average forecast of 18 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 Aug. 15 week, the median estimate is for an addition of 84 bcf.
Estimates range from an increase of 76 bcf to an increase of 88 bcf.

  The estimate for Aug. 15 is more than the 58 bcf added to storage for the
same week last year and the 48-bcf five-year average injection for that week.

  If the storage estimate is correct, inventories as of Aug. 15 totaled 2.6
trillion cubic feet, 17% below levels from a year ago and 17% 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

  August 20, 2014 11:50 ET (15:50 GMT)

  Copyright (c) 2014 Dow Jones & Company, Inc.

082014 15:50 -- GMT
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