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

DJ Analysts See 88-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 added
nearly double the amount they usually do at this time of year.

  The U.S. Energy Information Administration is expected to report that storage levels grew by 88 billion cubic feet of
gas during the week ended April 17, according to the average forecast of 21 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 April 17 week, the median estimate is for an addition of 88 bcf. Estimates range from an addition of 80 bcf
to an addition of 101 bcf.

  The estimate for April 17 compares to 45 bcf added to storage for the same week last year and the 46-bcf five-year
average addition for that week.

  If the storage estimate is correct, inventories as of April 17 totaled 1.6 trillion cubic feet, 82% above levels from
a year ago and 5.9% 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 22, 2015 14:13 ET (18:13 GMT)

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

042215 18:13 -- GMT
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