DJ UPDATE: US GAS: Futures Fall More Than 8% On Supplies, Weather
futuresource.quote.com
The U.S. Energy Information Administration is expected to report that 114
billion cubic feet of gas were added to storage during the week ended May 29,
according to the average prediction of 16 analysts and traders in a Dow Jones
Newswires survey. The storage estimate surpasses last year's 102 bcf build in
storage and the five-year average injection, which was 94 bcf.
Bloomberg: Natural Gas Tumbles in New York on Outlook for Inventory Glut
bloomberg.com
The Energy Department will probably say inventories gained 117 billion cubic feet in the week ended May 29, according to the median of 16 analyst estimates compiled by Bloomberg.
Reuters:
* NYMEX gas futures slide 10 percent late
* Mild Northeast, Midwest weather curbs demand
* South heat, onset of storm season seen limiting losses
NEW YORK, June 3 (Reuters) - U.S. spot natural gas prices
fell at every price point Wednesday, pressured by weaker gas
futures and mild weather in key consuming regions in the
Northeast and Midwest that has curbed demand, traders said...
investorvillage.com
Injection estimates for this week's EIA report ranged from
101 bcf to 128 bcf, with most traders and analysts expecting
stocks to rise by about 114 bcf when weekly data is released
Thursday at about 10:30 a.m. EDT a Reuters survey showed.
First Enercast:
investorvillage.com
* First Enercast Financial prediction for week ending 5/29/09 : 2,341 Bcf
* First Enercast Financial predicted weekly change: +128 Bcf
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Expectations for Thursday's reported storage build are:
Dow Jones Survey 114 Bcf
Bloomberg Survey 117 Bcf
Reuters Survey 114 Bcf
BENTEK Storage Rpt N.A
First Enercast 128 Bcf
robry825 2003 model 126i Bcf, 2005 126i Bcf, 2008 126i
z24blackjet 115 Bcf
Last year's build 102 Bcf
Five year average 94 Bcf
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