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Gold/Mining/Energy : Big Dog's Boom Boom Room

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To: Dennis Roth who wrote (106698)8/14/2008 10:37:13 AM
From: Dennis Roth  Read Replies (2) of 206159
 
50 BCF injection - very close to what was expected.

Expectations were:


Dow Jones Survey 51 Bcf
Bloomberg Survey 52 Bcf
Reuters Survey 53 Bcf
BENTEK Storage Rpt 45 Bcf
robry825 2003 model 64 Bcf, 2005 59 Bcf, 2008 64 Bcf

Last year's injection 27 Bcf
Five year average 50 Bcf

Summary
Working gas in storage was 2,567 Bcf as of Friday, August 8, 2008, according to EIA estimates. This represents a net increase of 50 Bcf from the previous week. Stocks were 330 Bcf less than last year at this time and 6 Bcf below the 5-year average of 2,573 Bcf. In the East Region, stocks were 34 Bcf above the 5-year average following net injections of 55 Bcf. Stocks in the Producing Region were 37 Bcf below the 5-year average of 773 Bcf a net withdrawal of 9 Bcf. Stocks in the West Region were 3 Bcf below the 5-year average after a net addition of 4 Bcf. At 2,567 Bcf, total working gas is within the 5-year historical range.

eia.doe.gov
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