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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: Dennis Roth who wrote (117915)	2/18/2009 4:45:06 PM
From: Dennis Roth	2 Recommendations Read Replies (1) \| Respond to of 206184

DJ US GAS: Futures End Higher On Bargain Buying futuresource.quote.com The U.S. Energy Information Administration is expected to report that 54 billion cubic feet of gas were withdrawn from storage during week ended Feb. 13, according to the average prediction of 18 analysts and traders in a Dow Jones Newswires survey. The storage estimate falls short of last year's 157 bcf pull from storage and the 155 bcf five-year average withdrawal. Bloomberg: Natural Gas Drops to Six-Year Low as Recession Concern Deepens bloomberg.com Gas stockpiles probably dropped 51 billion cubic feet* last week, according to the median of 14 analyst estimates compiled by Bloomberg.* Reuters: * Benchmark Henry Hub remains at 28-month low * New York prices pressured to 28-month low as well * Cold mid-Continent outlook lifts some price points * Ample supply, slowing economy still weigh on sentiment NEW YORK, Feb 18 (Reuters) - U.S. spot natural gas prices traded mixed Wednesday, with concerns about a deep recession continuing to slice into industrial demand, mild near-term weather in the Northeast and ample supplies pressuring many key price points to their lowest levels in more than two years... www1.investorvillage.com Withdrawal estimates for this week's EIA report ranged from 40 bcf to 87 bcf, with most traders and analysts expecting stocks to fall by about 57 bcf when weekly data is released Thursday at about 10:30 a.m. EST, a Reuters survey showed. ==== Expectations for Thursdays's reported draw are: Dow Jones Survey -54 Bcf Bloomberg Survey -51 Bcf Reuters Survey -57 Bcf BENTEK Storage Rpt N.A. First Enercast N.A robry825 2003 model -52 Bcf, 2005 -60 Bcf, 2008 -52 Bcf z24blackjet -44 Bcf quehubo N.A. Last year's draw -157 Bcf Five year average -155 Bcf ==== GULF PRODUCTION MONITOR February 18, 2009: Gulf production remains around 10.5 Bcf/d. MMS posted a final hurricane update last week indicating that 945 MMcf/d remain shut in due to hurricane damage to pipelines and producer facilities. MMS also estimates that it will take until mid-May for production to return to near normal. Based on the final repair to the Sea Robin JLeg in mid-May which should allow 140 MMcf/d of production to resume, Bentek still expects production in the Gulf to return along the same timeline of mid to late May. bentekenergy.com