SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?


To: Dennis Roth who wrote (105214)7/17/2008 10:52:15 AM
From: Think4Yourself  Read Replies (2) | Respond to of 206184
 
Perhaps reflecting a lot of new supply coming online, both oil and NG, in the US? That is a massive build.



To: Dennis Roth who wrote (105214)7/17/2008 10:33:43 PM
From: quehubo  Respond to of 206184
 
No doubt the market did not anticipate the amount of demand that would be off for the holiday weekend.



To: Dennis Roth who wrote (105214)7/24/2008 10:40:46 AM
From: Dennis Roth  Read Replies (1) | Respond to of 206184
 
84 BCF injection - A little more than what was expected.

Expectations were:

Dow Jones Survey 79 Bcf
Bloomberg Survey 80 Bcf
Reuters Survey 83 Bcf
BENTEK Storage Rpt 79 Bcf
robry825 2003 model 89 Bcf, 2005 82 Bcf, 2008 83 Bcf
z24blackjet 77 Bcf

Last year's injection 70 Bcf
Five year average 57 Bcf


Summary
Working gas in storage was 2,396 Bcf as of Friday, July 18, 2008, according to EIA estimates. This represents a net increase of 84 Bcf from the previous week. Stocks were 347 Bcf less than last year at this time and 22 Bcf below the 5-year average of 2,418 Bcf. In the East Region, stocks were 2 Bcf below the 5-year average following net injections of 63 Bcf. Stocks in the Producing Region were 6 Bcf below the 5-year average of 758 Bcf a net injection of 10 Bcf. Stocks in the West Region were 14 Bcf below the 5-year average after a net addition of 11 Bcf. At 2,396 Bcf, total working gas is within the 5-year historical range.

eia.doe.gov