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To: Dennis Roth who wrote (121080)5/28/2009 10:32:41 AM
From: Dennis Roth5 Recommendations  Read Replies (3) | Respond to of 206110
 
106 BCF INJECTION - Less than expected, still a hefty build compared to historical norms for this time of the year.

Expectations were:


Dow Jones Survey 111 Bcf
Bloomberg Survey 112 Bcf
Reuters Survey 108 Bcf
BENTEK Storage Rpt 108 Bcf
First Enercast 110 Bcf
robry825 2003 model 116 Bcf, 2005 113 Bcf, 2008 116 Bcf
z24blackjet 112 Bcf

Last year's build 87 Bcf
Five year average 91 Bcf


Last weeks numbers Revised:
The reported revision caused the stocks for May 15, 2009 to change from 2,116 Bcf to 2,107 Bcf. This revision has no impact upon the implied net change reported for the week ending May 22, 2009. The implied net change between the weeks ending May 08 and May 15 changed from 103 Bcf to 102 Bcf.

Historical working gas levels for the weeks ending May 1, 2009 and May 8, 2009 also were revised to reflect resubmissions of data. Stocks for the week ending May 1, 2009 were changed from 1,918 to 1,911 Bcf, and stocks for the Week ending May 8, 2009 were changed from 2,013 to 2,005 Bcf.

These changes resulted from resubmissions of data from one or more respondents.

Summary:
Working gas in storage was 2,213 Bcf as of Friday, May 22, 2009, according to EIA estimates. This represents a net increase of 106 Bcf from the previous week. Stocks were 524 Bcf higher than last year at this time and 393 Bcf above the 5-year average of 1,820 Bcf. In the East Region, stocks were 60 Bcf above the 5-year average following net injections of 61 Bcf. Stocks in the Producing Region were 238 Bcf above the 5-year average of 662 Bcf after a net injection of 30 Bcf. Stocks in the West Region were 95 Bcf above the 5-year average after a net addition of 15 Bcf. At 2,213 Bcf, total working gas is above the 5-year historical range.
eia.doe.gov



To: Dennis Roth who wrote (121080)6/3/2009 6:37:45 PM
From: Dennis Roth3 Recommendations  Read Replies (3) | Respond to of 206110
 
DJ UPDATE: US GAS: Futures Fall More Than 8% On Supplies, Weather
futuresource.quote.com

The U.S. Energy Information Administration is expected to report that 114
billion cubic feet
of gas were added to storage during the week ended May 29,
according to the average prediction of 16 analysts and traders in a Dow Jones
Newswires survey. The storage estimate surpasses last year's 102 bcf build in
storage and the five-year average injection, which was 94 bcf.


Bloomberg: Natural Gas Tumbles in New York on Outlook for Inventory Glut
bloomberg.com

The Energy Department will probably say inventories gained 117 billion cubic feet in the week ended May 29, according to the median of 16 analyst estimates compiled by Bloomberg.

Reuters:
* NYMEX gas futures slide 10 percent late
* Mild Northeast, Midwest weather curbs demand
* South heat, onset of storm season seen limiting losses

NEW YORK, June 3 (Reuters) - U.S. spot natural gas prices
fell at every price point Wednesday, pressured by weaker gas
futures and mild weather in key consuming regions in the
Northeast and Midwest that has curbed demand, traders said...
investorvillage.com

Injection estimates for this week's EIA report ranged from
101 bcf to 128 bcf, with most traders and analysts expecting
stocks to rise by about 114 bcf when weekly data is released
Thursday at about 10:30 a.m. EDT a Reuters survey showed.


First Enercast:
investorvillage.com

* First Enercast Financial prediction for week ending 5/29/09 : 2,341 Bcf
* First Enercast Financial predicted weekly change: +128 Bcf
===

Expectations for Thursday's reported storage build are:


Dow Jones Survey 114 Bcf
Bloomberg Survey 117 Bcf
Reuters Survey 114 Bcf
BENTEK Storage Rpt N.A
First Enercast 128 Bcf
robry825 2003 model 126i Bcf, 2005 126i Bcf, 2008 126i
z24blackjet 115 Bcf

Last year's build 102 Bcf
Five year average 94 Bcf