DJ Analysts See 75 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 this past week rose by
about a fifth more than 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 75 billion cubic feet of
gas during the week ended Sept. 4, according to the average forecast of 19 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 Sept. 4 week, the median estimate is for an addition of 75 bcf. Estimates range from an addition of 69 bcf to
an addition of 81 bcf.
The estimate for Sept. 4 compares to 90 bcf added to storage for the same week last year and the 63-bcf five-year
average addition for that week.
If the storage estimate is correct, inventories as of Sept. 4 totaled 3.3 trillion cubic feet, 17% above levels from
a year ago and 4.3% 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
September 09, 2015 16:28 ET (20:28 GMT)
Copyright (c) 2015 Dow Jones & Company, Inc.
090915 20:28 -- GMT
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