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

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To: Dennis Roth who wrote (123038)8/12/2009 6:26:22 PM
From: Dennis Roth2 Recommendations  Read Replies (2) of 206161
 
DJ UPDATE: US GAS: Futures Slide On Ample Supplies
futuresource.quote.com

The U.S. Energy Information Administration is expected to report that 64
billion cubic feet
of gas were added to storage during week ended Aug. 7,
according to the average prediction of 17 analysts and traders in a Dow Jones
Newswires survey. The storage estimate surpasses last year's 51 bcf build and
the five-year average injection of 42 bcf
.

Bloomberg: Natural Gas Declines Amid Speculation Inventory Glut Will Swell
bloomberg.com

Inventories probably gained 66 billion cubic feet last week, based on the median of 16 analyst estimates compiled by Bloomberg.

Reuters:
* Atlantic depression could become first named storm-NHC
* Milder Northeast temps settle in after early-week heat
* Record storage, sagging industrial demand weigh

NEW YORK, Aug 12 (Reuters) - U.S. spot natural gas prices
slid at every price point Wednesday, most for the third
straight trading day, pressured by concerns about record high
storage and sagging industrial demand and milder late week
weather after some early-week heat in the Northeast...
www1.investorvillage.com
Injection estimates for this week's EIA report ranged from
45 bcf to 70 bcf, with most traders and analysts expecting
stocks to rise by about 65 bcf when weekly data is released
Thursday at about 10:30 a.m. EDT, a Reuters survey showed.


First Enercast NG Estimate
www1.investorvillage.com
+71 Bcf

Z24blackjet
www1.investorvillage.com
+67 Bcf

robry825
www1.investorvillage.com
+70 Bcf
=====

Expectations for Thursday's reported storage build are:


Dow Jones Survey 64 Bcf
Bloomberg Survey 66 Bcf
Reuters Survey 65 Bcf
BENTEK Storage Rpt N.A
First Enercast 71 Bcf
robry825 2003 model 70 Bcf, 2005 62 Bcf, 2008 70 Bcf
z24blackjet 67 Bcf

Last year's build 51 Bcf
Five year average 42 Bcf
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