DJ UPDATE:US GAS: Futures End Higher On Tighter Supply Outlook
futuresource.quote.com
The U.S. Energy Information Administration is expected to report at 10:30
a.m. EDT Thursday that 68 billion cubic feet of gas were added to inventories
during the week ended July 17, according to the average forecast of 17 analysts
and traders surveyed by Dow Jones Newswires.
Bloomberg: Natural Gas Rises to Three-Week High on Stockpile Outlook
bloomberg.com
Gas inventories probably rose 66 billion cubic feet last week, based on the median of 12 analyst estimates compiled by Bloomberg
Reuters:
* Gas futures rise 5 percent early, pare gains late
* Traders expect smallest weekly EIA build in three months
* Mild Northeast weather, heat in South, West
* Tropical storm unlikely in Atlantic basin - NHC
NEW YORK, July 22 (Reuters) - U.S. spot natural gas prices
traded mixed for the second straight day Wednesday, with most
price points rising along with much stronger gas futures,
expectations for a small weekly injection into winter
inventories and hot weather across the southern and western
United States...
www1.investorvillage.com
Injection estimates for this week's EIA report ranged from
61 bcf to 82 bcf, with most traders and analysts expecting
stocks to rise by about 68 bcf when weekly data is released
Thursday at about 10:30 a.m. EDT, a Reuters survey showed.
The projected build would be the lightest in three months,
and some traders have said storage injections have started to
reflect the slowdown in production from steep rig declines.
Stocks rose an adjusted 87 bcf for the same week last year,
while the five-year average build for that week is 62 bcf.
First Enercast NG Estimate
www1.investorvillage.com
# First Enercast Financial predicted weekly change: +65Bcf
Z24blackjet
www1.investorvillage.com
+69 Bcf
robry825
www1.investorvillage.com
+68 Bcf
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Expectations for Thursday's reported storage build are:
Dow Jones Survey 68 Bcf
Bloomberg Survey 66 Bcf
Reuters Survey 68 Bcf
BENTEK Storage Rpt N.A
First Enercast 65 Bcf
robry825 2003 model 68 Bcf, 2005 62 Bcf, 2008 68 Bcf
z24blackjet 69 Bcf
Last year's build 87 Bcf
Five year average 62 Bcf
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