90 BCF injection -a little less than what was expected.
Expectations were:
Dow Jones Survey 94 Bcf
Bloomberg Survey 92 Bcf
Reuters Survey N.A.
BENTEK Storage Rpt 94 Bcf
robry825 2003 model 102 Bcf, 2005 105 Bcf, 2008 97 Bcf
z24blackjet 90 Bcf
Last year's injection 98 Bcf
Five year average 103 Bcf
EIA Natural Gas Storage Data
Total (07/04/08): 2,208 Bcf
Total (06/27/08): 2,118 Bcf
Change: 90 Bcf
Year ago stocks: 2,597 Bcf
% diff to yr ago: -15.0 %
5-year avg stocks: 2,278
% dif to 5-yr avg: -3.1 %
Summary
Working gas in storage was 2,208 Bcf as of Friday, July 4, 2008, according to EIA estimates. This represents a net increase of 90 Bcf from the previous week. Stocks were 389 Bcf less than last year at this time and 70 Bcf below the 5-year average of 2,278 Bcf. In the East Region, stocks were 27 Bcf below the 5-year average following net injections of 61 Bcf. Stocks in the Producing Region were 20 Bcf below the 5-year average of 737 Bcf a net injection of 14 Bcf. Stocks in the West Region were 22 Bcf below the 5-year average after a net addition of 15 Bcf. At 2,208 Bcf, total working gas is within the 5-year historical range.
eia.doe.gov |
