Analysts' Estimates For Tomorrow's EIA Weekly Storage Report

DJ Analysts See 9 Bcf Withdrawal From U.S. Natural-Gas Inventories

  By Timothy Puko


  Analysts and traders expect government data scheduled for release Thursday to show natural-gas inventories fell by
less than half of what they usually do for this time of year.

  The U.S. Energy Information Administration is expected to report that storage levels fell by nine billion cubic feet
of gas during the week ended March 27, according to the average forecast of 18 analysts surveyed by The Wall Street
Journal.

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

  For the March 27 week, the median estimate is for a withdrawal of 9.5 bcf. Estimates range from a decline of 17 bcf
to an addition of seven bcf.

  The estimate for March 27 compares to 71 bcf drained from storage for the same week last year and the 22-bcf
five-year average drain for that week.

  If the storage estimate is correct, inventories as of March 27 totaled 1.5 trillion cubic feet, 76% above levels from
a year ago and 11% 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

  April 01, 2015 13:57 ET (17:57 GMT)

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

040115 17:57 -- GMT
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