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

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To: Dennis Roth who wrote (120705)5/14/2009 10:32:37 AM
From: Dennis Roth3 Recommendations  Read Replies (1) of 206110
 
95 BCF INJECTION - A little less than expected, but still a hefty build compared to historical norms for this time of the year.

Expectations were:

Dow Jones Survey 100 Bcf
Bloomberg Survey 99 Bcf
Reuters Survey 99 Bcf
BENTEK Storage Rpt 99 Bcf
First Enercast 99 Bcf
robry825 2003 model 101 Bcf, 2005 92 Bcf, 2008 101 Bcf
z24blackjet 106 Bcf

Last year's build 89 Bcf
Five year average 83 Bcf
build

Summary:
Working gas in storage was 2,013 Bcf as of Friday, May 8, 2009, according to EIA estimates. This represents a net increase of 95 Bcf from the previous week. Stocks were 497 Bcf higher than last year at this time and 374 Bcf above the 5-year average of 1,639 Bcf. In the East Region, stocks were 47 Bcf above the 5-year average following net injections of 59 Bcf. Stocks in the Producing Region were 235 Bcf above the 5-year average of 619 Bcf after a net injection of 23 Bcf. Stocks in the West Region were 92 Bcf above the 5-year average after a net addition of 13 Bcf. At 2,013 Bcf, total working gas is within the 5-year historical range.
eia.doe.gov
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