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

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To: Dennis Roth who wrote (121925)7/1/2009 5:30:00 PM
From: Dennis Roth2 Recommendations  Read Replies (2) of 206093
 
DJ UPDATE: US GAS: Futures End Lower On Weather, Inventories
futuresource.quote.com

The U.S. Energy Information Administration is expected to report that 74
billion cubic feet
of gas were added to storage during week ended June 26,
according to the average prediction of 20 analysts and traders in a Dow Jones
Newswires survey. The storage estimate falls short of last year's 86-bcf build
in storage and the five-year average injection, which was 85 bcf.


Bloomberg: Natural Gas Declines on Record-High Inventories, Weak Demand
bloomberg.com

Analysts surveyed by Bloomberg are expecting an increase of 75 billion cubic feet, which would be the lowest since April.

Reuters:
* Mild Northeast, Midwest weather weighs on prices
* Record high storage, weak demand undermine sentiment

NEW YORK, July 1 (Reuters) - New York Mercantile Exchange
natural gas futures ended mixed on Wednesday, as mild Northeast
and Midwest weather forecasts and concerns about growing
supplies and falling demand pressured front month contracts...
www1.investorvillage.com

A Reuters poll on Wednesday showed inventories were
expected to rise 75 bcf when the weekly EIA storage report is
released on Thursday at about 10:30 a.m.


First Enercast NG Estimate
www1.investorvillage.com


* First Enercast Financial prediction for week ending 6/26/09 : 2,729 Bcf
* First Enercast Financial predicted weekly change: +78Bcf

=====



Expectations for Thursday's reported storage build are:

Dow Jones Survey 74 Bcf
Bloomberg Survey 75 Bcf
Reuters Survey 75 Bcf
BENTEK Storage Rpt N.A
First Enercast 78 Bcf
robry825 2003 model 78 Bcf, 2005 74 Bcf, 2008 78 Bcf
z24blackjet 69 Bcf

Last year's build 86 Bcf
Five year average 85 Bcf
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