To: Dennis Roth who wrote (94848 ) 12/19/2007 4:50:12 PM From: Dennis Roth Read Replies (3) | Respond to of 206325 DJ UPDATE: US GAS: Futures Rise As Traders Buy Back Contractsfuturesource.quote.com The U.S. Energy Information Administration is expected to report Thursday that 133 billion cubic feet of gas were taken out of storage during week ended Dec. 14, according to the average prediction of 11 analysts and traders in a Dow Jones Newswires survey. Bloomberg: Nymex Natural Gas Declines on Outlook Winter Supplies Are Ample bloomberg.com Inventories probably fell 132 billion cubic feet for the week ending Dec. 14, according to the median of 14 analysts surveyed by Bloomberg. ===== Reuters: New York Mercantile Exchange natural gas futures lost ground midday Wednesday, as milder weather forecasts and concerns about record high inventories weighed on sentiment despite a cold snap early in the week, traders said. www1.investorvillage.com A Reuters survey on Wednesday showed inventories were expected to drop 134 bcf when weekly EIA storage data is released Thursday at about 10:30 a.m. Physical Natural Gas Prices for next day delivery - Down almost everywhere .intelligencepress.com ---- GULF PRODUCTION MONITOR: December 19, 2007bentekenergy.com Independence Hub production has climbed to 854,000 Dth/d today from 796,000 Dth/d on Tuesday, and BP announced that production is ramping up on its Atlantis project in the Green Canyon area, which feeds into the Nautilus Pipeline system. There's been no significant increase in flows yet from Atlantis. However, production is expected to ramp up to 180 MMcf/d next year. Total Gulf production is down 1% today because of declines in Louisiana, mainly on Transco in the LA federal offshore. ------- Expectations for tomorrow's reported draw are: Dow Jones Survey -133 Bcf Bloomberg Survey -132 Bcf Reuters Survey -134 Bcf robry825 -129 Bcf z24blackjet -123 Bcf which you'll have to get here,eia.doe.gov after 10:30 am because I won't be reporting it (schedule conflict).