Analysts' Estimates For Tomorrow's EIA Natural Gas Storage Report

DJ Analysts See Drop in U.S. Natural Gas Inventories



  By Timothy Puko


  Analysts and traders expect government data scheduled for release Thursday to show natural gas inventories shrunk
last week by a near-record rate for March.

  The U.S. Energy Information Administration is expected to report that storage levels fell by 192 billion cubic feet
of gas during the week ended March 6, according to the average forecast of 15 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. ET.

  For the March 6 week, the median estimate is for a drop of 195 bcf. Estimates range from a decline of 175 bcf to a
decline of 202 bcf.

  The estimate for March 6 is more than the 189 bcf drained from storage for the same week last year and the 116-bcf
five-year average drain for that week.

  If the storage estimate is correct, inventories as of March 6 totaled 1.5 trillion cubic feet, 48% above levels from
a year ago and 13% 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

  March 11, 2015 11:06 ET (15:06 GMT)

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

031115 15:06 -- GMT
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