DJ Analysts See 99-Billion-Cubic-Feet Addition to U.S. Natural Gas Inventories
By Timothy Puko
Analysts expect government data scheduled for release Thursday to show natural gas inventories last week rose
slightly more than they usually do at that time of year.
The U.S. Energy Information Administration is expected to report that storage levels grew by 99 billion cubic feet of
gas during the week ended May 22, according to the average forecast of 15 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 May 22 week, the median estimate is for an addition of 99 bcf. Estimates range from an addition of 87 bcf to
an addition of 107 bcf.
The estimate for May 22 compares to 113 bcf added to storage for the same week last year and the 95-bcf five-year
average addition for that week.
If the storage estimate is correct, inventories as of May 22 totaled 2.1 trillion cubic feet, 53% above levels from a
year ago and 1.6% 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
May 27, 2015 13:46 ET (17:46 GMT)
Copyright (c) 2015 Dow Jones & Company, Inc.
052715 17:46 -- GMT
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