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

DJ Analysts Expect 85 Billion-Cubic-Feet Addition to U.S. Natural Gas Stocks
  By Christian Berthelsen


  U.S. natural gas stockpiles likely rose 44% more than average for this time of year, according to a survey of
analysts by The Wall Street Journal.

  The U.S. Energy Information Administration is expected to report that gas storage levels rose by 85 billion cubic
feet in the week ended Oct. 24, according to the average estimate of a survey of 16 analysts and traders.

  The EIA is scheduled to release its storage data for the week at 10:30 a.m. EDT Thursday.

  For the Oct. 24 week, the median estimate is for an addition of 85 bcf. Estimates range from increases of 82 bcf to
91 bcf.

  The average estimate is more than the 45 bcf added to storage for the same week last year and the 59-bcf, five-year
average injection for that week.

  If the storage estimate is correct, inventories as of Oct. 24 totaled 3.478 trillion cubic feet, 7.8% below levels
from a year ago and 8.2% below the five-year average for the same week.


  Write to Christian Berthelsen at Christian.Berthelsen@wsj.com

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  (END) Dow Jones Newswires

  October 29, 2014 12:57 ET (16:57 GMT)

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

102914 16:57 -- GMT
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