DJ Analysts Expect 52 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 by
nearly double the 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 52 billion cubic feet of
gas during the week ended Nov. 6, 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 Friday at 10:30 a.m. ET.
For the Nov. 6 week, the median estimate is for an addition of 49 bcf. Estimates range from an addition of 41 bcf to
an addition of 78 bcf.
The estimate for Nov. 6 compares to 47 bcf added to storage for the same week last year and the 23-bcf five-year
average addition for that week.
If the storage estimate is correct, inventories as of Nov. 6 totaled 4 trillion cubic feet, 10% above levels from a
year ago and 4.6% 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
November 12, 2015 12:32 ET (17:32 GMT)
Copyright (c) 2015 Dow Jones & Company, Inc.
111215 17:32 -- GMT
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