Analysts' Estimates For Tomorrow's EIA Weekly Storage Report - The First Injection of 2015?

DJ Analysts See 10-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 grew at a
time of year when they usually shrink.

  The U.S. Energy Information Administration is expected to report that storage levels grew by 10 billion cubic feet of
gas during the week ended March 20, 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. EDT.

  For the March 20 week, the median estimate is for an addition of 7 bcf. Estimates range from a decline of 5 bcf to an
addition of 25 bcf.

  The estimate for March 20 compares to 56 bcf drained from storage for the same week last year and the 19-bcf
five-year average drain for that week.

  If the storage estimate is correct, inventories as of March 20 totaled 1.5 trillion cubic feet, 63% above levels from
a year ago and 12% 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 25, 2015 13:28 ET (17:28 GMT)

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

032515 17:28 -- GMT
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