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To: Dennis Roth who wrote (116005)1/2/2009 1:48:32 PM
From: Dennis Roth1 Recommendation  Respond to of 206809
 
EIA Reports 143 Bcf Draw, Snapshot of 2008 Stock Performance
Credit Suisse analysis

Link: sendspace.com



To: Dennis Roth who wrote (116005)1/8/2009 10:31:03 AM
From: Dennis Roth3 Recommendations  Read Replies (3) | Respond to of 206809
 
47 BCF draw down - Much less than what was expected by the wire service surveys.

Expectations were:

Dow Jones Survey -78 Bcf
Bloomberg Survey -78 Bcf
Reuters Survey -79 Bcf
BENTEK Storage Rpt -50 Bcf
robry825 2003 model -58 Bcf, 2005 -69i Bcf, 2008 -58 Bcf
z24blackjet -54 Bcf
quehubo -75 Bcf

Last year's draw -171 Bcf
Five year average -78 Bcf


Summary
Working gas in storage was 2,830 Bcf as of Friday, January 2, 2009, according to EIA estimates. This represents a net decline of 47 Bcf from the previous week. Stocks were 31 Bcf higher than last year at this time and 87 Bcf above the 5-year average of 2,743 Bcf. In the East Region, stocks were 18 Bcf below the 5-year average following net withdrawals of 49 Bcf. Stocks in the Producing Region were 78 Bcf above the 5-year average of 824 Bcf after a net injection of 14 Bcf. Stocks in the West Region were 26 Bcf above the 5-year average after a net drawdown of 12 Bcf. At 2,830 Bcf, total working gas is within the 5-year historical range.

eia.doe.gov