EIA Weekly Storage Report Estimates

DJ Analysts See 71 BCF Addition to U.S. Natural Gas Inventories



  By Timothy Puko


  Analysts expect government data scheduled for release on Thursday to show natural gas inventories last week rose
about on par with the five-year average for that time of the year.

  The U.S. Energy Information Administration is expected to report that storage levels grew by 71 billion cubic feet of
gas during the week ended June 26, 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 June 26 week, the median estimate is for an addition of 71 bcf. Estimates range from an addition of 60 bcf to
an addition of 78 bcf.

  The estimate for June 26 compares with 102 bcf added to storage for the same week last year and the 75 bcf five-year
average addition for that week.

  If the storage estimate is correct, inventories as of June 26 totaled 2.6 trillion cubic feet, 35% above levels from
a year ago and 1.2% 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 01, 2015 14:33 ET (18:33 GMT)

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

070115 18:33 -- GMT
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