DJ US GAS: Futures Rise On Weather Outlook, Storage Expectations
futuresource.quote.com
The U.S. Energy Information Administration is expected to report that 24
billion cubic feet of gas were added to storage during the week ended Oct. 31,
according to the average prediction of 13 analysts and traders in a Dow Jones
Newswires survey.
Bloomberg: Natural Gas Futures Are Steady Before U.S. Inventory Report
bloomberg.com
Supplies probably rose 26 billion cubic feet in the week ended Oct. 31, according to the median of 13 analyst estimates compiled by Bloomberg.
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Reuters: U.S. spot natural gas prices
rose at every price point Wednesday, most for the third
straight day, boosted in some follow through to big gains in
energy futures on Tuesday and amid signs of a seasonal demand
rally ahead of colder weather late this week into next week.
www1.investorvillage.com
Injection estimates for this week's EIA report ranged from
12 bcf to 50 bcf, with most traders and analysts expecting
stocks to rise by about 25 bcf when weekly data is released
Thursday at about 10:35 a.m. EST, a Reuters survey showed.
Stocks rose an adjusted 45 bcf for the same week in 2007,
while the five-year average build for that week is 31 bcf.
Inventories will start the heating season above 3.4 tcf,
below last year's all-time high of 3.535 tcf, but the second or
third highest on record.
Firm Physical Natural Gas Price for Next Day Delivery
Up everywhere.
intelligencepress.com
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Expectations for tomorrow's reported injection are:
Dow Jones Survey 24 Bcf
Bloomberg Survey 26 Bcf
Reuters Survey 25 Bcf
BENTEK Storage Rpt N.A.
robry825 2003 model 14i Bcf, 2005 8i Bcf, 2008 14i Bcf
z24blackjet 17 Bcf
Last year's injection 45 Bcf
Five year average 31 Bcf
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GULF PRODUCTION MONITOR: November 5, 2008 Gulf Production is up to 9.3 Bcf/d today in evening flows. Transco released 6 meter points on the SE lateral today including interconnects with Garden Banks and Manta Ray. Mississippi Canyon, which has posted lower nominations for the last two days, posted 515 MMcf today. Nominations on Garden Banks are at 175 MMcf/d which remains below average pre-hurricane volumes of around 300 MMcf/d. Total deferred Gulf supply since 8/29 is now at 328 Bcf. Flows on Stingray, HIOS and portions of the Venice Gathering system are all still expected to begin early next week.
bentekenergy.com |
