Dow Jones Analyst Survey For Today's EIA Natural Gas Storage Report

DJ Analysts See 52-Billion-Cubic-Feet Increase in U.S. Natural Gas Inventories


  By Timothy Puko


  Analysts and traders expect government data scheduled for release Thursday to show natural-gas inventories grew by
nearly 50% more than usual for this time of year.

  The U.S. Energy Information Administration is expected to report storage levels rose by 52 billion cubic feet of gas
during the week ended April 10, according to the average forecast of 17 analysts 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 April 10 week, the median estimate is for an increase of 55 bcf. Estimates range from an increase of 37 bcf
to an increase of 62 bcf.

  The estimate for April 10 is more than the 22 bcf added to storage in the same week last year and the 35-bcf
five-year average addition for that week.

  If the storage estimate is correct, inventories as of April 10 totaled 1.5 trillion cubic feet, 80% above levels from
a year ago and 9.2% 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 16, 2015 10:03 ET (14:03 GMT)

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

041615 14:03 -- GMT
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