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To: Dennis Roth who wrote (113890)11/20/2008 4:15:11 PM
From: Dennis Roth1 Recommendation  Respond to of 206151
 
EIA Reports 16 Bcf Refill, Adjusting Supply/Demand Factors for Looser Balance
Credit Suisse analysis
Link: sendspace.com



To: Dennis Roth who wrote (113890)11/26/2008 12:25:48 PM
From: Dennis Roth3 Recommendations  Read Replies (3) | Respond to of 206151
 
66 BCF draw down - More than what was expected by anyone.

Expectations were:


Dow Jones Survey -40 Bcf
Bloomberg Survey -45 Bcf
Reuters Survey N.A.
BENTEK Storage Rpt N.A.
robry825 2003 model -52i Bcf, 2005 -65i Bcf, 2008 -52i Bcf
z24blackjet -45 Bcf

Last year's injection -8 Bcf
Five year average -14 Bcf


Summary
Working gas in storage was 3,422 Bcf as of Friday, November 21, 2008, according to EIA estimates. This represents a net decline of 66 Bcf from the previous week. Stocks were 109 Bcf less than last year at this time and 88 Bcf above the 5-year average of 3,334 Bcf. In the East Region, stocks were 66 Bcf above the 5-year average following net withdrawals of 51 Bcf. Stocks in the Producing Region were 4 Bcf below the 5-year average of 969 Bcf after a net withdrawal of 9 Bcf. Stocks in the West Region were 26 Bcf above the 5-year average after a net drawdown of 6 Bcf. At 3,422 Bcf, total working gas is within the 5-year historical range.

eia.doe.gov