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Gold/Mining/Energy : Big Dog's Boom Boom Room
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To: Dennis Roth who wrote (112843)11/6/2008 10:36:30 AM
From: Dennis Roth4 Recommendations  Read Replies (3) of 206151
 
12 BCF injection - Much much less than what was expected by the wire service surveys, but the flow based models of BENTEK and Robry got it right.

Expectations were:


Dow Jones Survey     24 Bcf
Bloomberg Survey     26 Bcf
Reuters Survey       25 Bcf
BENTEK Storage Rpt   13 Bcf
robry825             2003 model 13 Bcf, 2005 7 Bcf, 2008 13 Bcf
z24blackjet          17 Bcf

Last year's injection    45 Bcf
Five year average        31 Bcf


Summary
Working gas in storage was 3,405 Bcf as of Friday, October 31, 2008, according to EIA estimates. This represents a net increase of 12 Bcf from the previous week. Stocks were 130 Bcf less than last year at this time and 78 Bcf above the 5-year average of 3,327 Bcf. In the East Region, stocks were 74 Bcf above the 5-year average following net injections of 6 Bcf. Stocks in the Producing Region were 15 Bcf below the 5-year average of 953 Bcf after no net change in stock levels. Stocks in the West Region were 19 Bcf above the 5-year average after a net addition of 6 Bcf. At 3,405 Bcf, total working gas is within the 5-year historical range.

eia.doe.gov
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