16 BCF injection - More than what was expected by anyone.
Expectations were:
Dow Jones Survey 0 Bcf Bloomberg Survey -5 Bcf Reuters Survey N.A. BENTEK Storage Rpt 12 Bcf robry825 2003 model 8 Bcf, 2005 0 Bcf, 2008 8 Bcf z24blackjet 5 Bcf
Last year's injection 0 Bcf Five year average -2 Bcf
Note: The stock estimates for October 31, 2008, and November 7, 2008, were revised to reflect resubmissions of data by one or more respondents.
The reported revisions caused the stocks for November 7, 2008 to change from 3,467 Bcf to 3,472 Bcf, and the stocks for October 31 to change from 3,405 to 3,412. As a result, the implied net change between the weeks ending October 24 and October 31 changed from 12 to 19 Bcf, and the net change between October 31 and November 7 changed from 62 Bcf to 60 Bcf.
Summary Working gas in storage was 3,488 Bcf as of Friday, November 14, 2008, according to EIA estimates. This represents a net increase of 16 Bcf from the previous week. Stocks were 51 Bcf less than last year at this time and 140 Bcf above the 5-year average of 3,348 Bcf. In the East Region, stocks were 103 Bcf above the 5-year average following no net change in storage levels. Stocks in the Producing Region were 5 Bcf above the 5-year average of 969 Bcf after a net injection of 11 Bcf. Stocks in the West Region were 32 Bcf above the 5-year average after a net addition of 5 Bcf. At 3,488 Bcf, total working gas is within the 5-year historical range.
eia.doe.gov
====
Sorry about being two hours late with this. I forgot about it and went shopping. |