DJ Analysts See 61 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 on par
with their five-year average.
The U.S. Energy Information Administration is expected to report that storage levels grew by 61 billion cubic feet of
gas during the week ended Aug. 21, according to the average forecast of 24 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 Aug. 21 week, the median estimate is for an addition of 61 bcf. Estimates range from an addition of 47 bcf to
an addition of 67 bcf.
The estimate for Aug. 21 is less than the 77 bcf added to storage for the same week last year, but even with the
61-bcf five-year average.
If the storage estimate is correct, inventories as of Aug. 21 totaled 3.1 trillion cubic feet, 18% 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
August 26, 2015 13:53 ET (17:53 GMT)
Copyright (c) 2015 Dow Jones & Company, Inc.
082615 17:53 -- GMT
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