Analysts' Estimates For Tomorrow's EIA Weekly Storage Report

DJ Analysts See 43-Billion-Cubic-Feet Rise in U.S. Natural Gas Inventories

   By Nicole Friedman


  Analysts and traders expect government data scheduled for release on Thursday to show U.S. natural gas inventories
rose by less than typical levels for this time of year.

  The U.S. Energy Information Administration is expected to report that 43 billion cubic feet of gas were added to
storage during the week ended July 31, according to the average forecast of 14 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 31 week, the median estimate is for a rise of 44 bcf. Estimates range from an increase of 38 bcf to a
rise of 47 bcf.

  The estimate for July 31 is below last year's 83-bcf build in storage for the same week and less than the 53-bcf
five-year average build for that week.

  If the storage estimate is correct, inventories as of July 31 will total 2.923 trillion cubic feet, 23% above the
year-ago level and 2.6% above the five-year average for the same week.


  Write to Nicole Friedman at nicole.friedman@wsj.com


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  (END) Dow Jones Newswires

  August 05, 2015 14:30 ET (18:30 GMT)

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

080515 18:30 -- GMT
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