DJ US GAS: Futures Trade Higher On Expected Colder Weather futuresource.quote.com [ Morning report, report on close N.A. ]
Bloomberg: Natural Gas Rises on Colder Weather, Columbia Pipeline Closure bloomberg.com
Stockpiles probably fell 185 billion cubic feet in the week ended Feb. 1, according to the median of 11 analyst estimates compiled by Bloomberg.
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Reuters: U.S. spot natural gas prices rose at every price point for the second day in a row on Wednesday, boosted by the return of cooler weather to the nation's mid-section, an unexpected pipeline outage in the Southeast and stronger gas futures, traders said. www1.investorvillage.com
Withdrawal estimates for this week's EIA report ranged from 155 bcf to 203 bcf, with most traders and analysts expecting stocks to fall by about 184 bcf when weekly data is released Thursday at about 10:30 a.m. EST, a Reuters survey showed.
Firm Physical Natural Gas Price for next day Delivery - Up across the board. intelligencepress.com
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GULF PRODUCTION MONITOR: February 6, 2008 Independence Hub production was revised up to about 141,000 Dth/d in yesterday's I2 cycle, which was well below the 902,000 Dth/d seen on Feb. 1. Anadarko and Enterprise confirmed that maintenance was being done on the Hub. However, production from Independence has bounced today back up to 871,000 Dth/d. Total Gulf production is up to 12 Bcf/d, which is slightly higher than the month-to-date average and about even with levels in February 2007. bentekenergy.com
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Temperature Outlooks.
wxmaps.org cpc.ncep.noaa.gov cpc.ncep.noaa.gov
Cumulative Month-to-Date. cpc.ncep.noaa.gov
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Expectations for tomorrow's EIA report are:
Dow Jones Survey N.A. Bloomberg Survey -185 Bcf Reuters Survey -184 Bcf robry825 N.A. z24blackjet -181 Bcf quehubo -180 Bcf Cougar93 -195 Bcf
Last year's draw -219 Bcf Five year average -177 Bcf
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