Dow Jones - Analysts' Estimates For Tomorrow's EIA Natural Gas Storage Report

DJ Analysts See 92-Billion-Cubic-Feet Rise in U.S. Natural Gas Inventories

   By Nicole Friedman


  Analysts and traders expect government data scheduled for release Thursday to show natural gas inventories rose by
more-than-typical levels for this time of year.

  The U.S. Energy Information Administration is expected to report that 92 billion cubic feet of gas were added to
storage during the week ended Sept. 19, according to the average forecast of 18 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 Sept. 19 week, the median estimate is for a rise of 92 bcf. Estimates range from an increase of 81 bcf to a
rise of 96 bcf.

  The estimate for Sept. 19 is above last year's 82-bcf build in storage for the same week, and more than the 79-bcf
five-year average build for that week.

  If the storage estimate is correct, inventories as of Sept. 19 would total 2.982 trillion cubic feet, 12% below the
year-ago level and 13% below the five-year average for the same week.


  Write to Nicole Friedman at nicole.friedman@wsj.com


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  (END) Dow Jones Newswires

  September 24, 2014 13:40 ET (17:40 GMT)

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

092414 17:40 -- GMT
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