DJ Analysts See 95 Billion-Cubic Feet Add 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 by
about a third more than their five-year average for that time of the year.
The U.S. Energy Information Administration is expected to report that storage levels grew by 95 billion cubic feet of
gas during the week ended July 10, according to the average forecast of 18 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 July 10 week, the median estimate is for an addition of 95.5 bcf. Estimates range from an addition of 86 bcf
to an addition of 107 bcf.
The estimate for July 10 compares to 105 bcf added to storage for the same week last year and the 71-bcf five-year
average addition for that week.
If the storage estimate is correct, inventories as of July 10 totaled 2.8 trillion cubic feet, 31% above levels from
a year ago and 2.6% above 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
July 15, 2015 13:19 ET (17:19 GMT)
Copyright (c) 2015 Dow Jones & Company, Inc.
071515 17:19 -- GMT
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