DJ Analysts See 68 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 about
on par with their five-year average increase for that time of the year.
The U.S. Energy Information Administration is expected to report that storage levels grew by 68 billion cubic feet of
gas during the week ended Oct. 23, according to the average forecast of 22 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 Oct. 23 week, the median estimate is for an addition of 68 bcf. Estimates range from an addition of 56 bcf to
an addition of 87 bcf.
The estimate for Oct. 23 compares to 88 bcf added to storage for the same week last year and the 73-bcf, five-year
average addition for that week.
If the storage estimate is correct, inventories as of Oct. 23 totaled 3.9 trillion cubic feet, 12% 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
October 28, 2015 17:10 ET (21:10 GMT)
Copyright (c) 2015 Dow Jones & Company, Inc.
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