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

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To: Dennis Roth who wrote (111985)10/23/2008 10:42:18 AM
From: Dennis Roth3 Recommendations  Read Replies (2) of 206151
 
70 BCF injection - Quit a bit less than what was expected by the wire service surveys.

Expectations were:

Dow Jones Survey 76 Bcf
Bloomberg Survey 75 Bcf
Reuters Survey 76 Bcf
BENTEK Storage Rpt 69 Bcf
robry825 2003 model 75 Bcf, 2005 72 Bcf, 2008 75 Bcf
z24blackjet 80 Bcf

Last year's injection 60 Bcf
Five year average 62 Bcf



Summary
Working gas in storage was 3,347 Bcf as of Friday, October 17, 2008, according to EIA estimates. This represents a net increase of 70 Bcf from the previous week. Stocks were 77 Bcf less than last year at this time and 93 Bcf above the 5-year average of 3,254 Bcf. In the East Region, stocks were 88 Bcf above the 5-year average following net injections of 40 Bcf. Stocks in the Producing Region were 8 Bcf below the 5-year average of 926 Bcf after a net injection of 26 Bcf. Stocks in the West Region were 13 Bcf above the 5-year average after a net addition of 4 Bcf. At 3,347 Bcf, total working gas is within the 5-year historical range.

eia.doe.gov
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