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

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To: Dennis Roth who wrote (107106)8/21/2008 10:36:29 AM
From: Dennis Roth  Read Replies (2) of 206159
 
88 BCF injection - a little more than to what was expected.

Expectations were:

Dow Jones Survey 82 Bcf
Bloomberg Survey 84 Bcf
Reuters Survey 82 Bcf
BENTEK Storage Rpt 88 Bcf
robry825 2003 model 104 Bcf, 2005 100 Bcf, 2008 92 Bcf

Last year's injection 22 Bcf
Five year average 56 Bcf


Summary
Working gas in storage was 2,655 Bcf as of Friday, August 15, 2008, according to EIA estimates. This represents a net increase of 88 Bcf from the previous week. Stocks were 264 Bcf less than last year at this time and 26 Bcf above the 5-year average of 2,629 Bcf. In the East Region, stocks were 54 Bcf above the 5-year average following net injections of 67 Bcf. Stocks in the Producing Region were 26 Bcf below the 5-year average of 778 Bcf a net injection of 16 Bcf. Stocks in the West Region were 2 Bcf below the 5-year average after a net addition of 5 Bcf. At 2,655 Bcf, total working gas is within the 5-year historical range.

eia.doe.gov
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