Wednesday, December 02, 2009 10:33:52 PM
DJ US GAS: Futures Fall On Mixed Weather Forecasts, Jobs Data
http://futuresource.quote.com/news/story.jsp?i=DJC00UIY91202
Analysts and traders expect the EIA to report a withdrawal of 2 billion cubic
feet of gas Thursday, when the EIA releases its weekly update on natural gas
storage, according to the average of estimates in a Dow Jones Newswires survey.
If that estimate is correct, the EIA will report the first draw of the season,
but storage levels are still expected to remain well above historical norms.
Bloomberg Survey:
Not Available
Reuters:
* Colder weather seen across Midwest, Rockies, South
* NYMEX futures slide, pressure late-day trades
* Record high storage, weak economy continue to weigh
Estimates for this week's report ranged from a draw of 22
bcf to a build of 20 bcf, with most traders and analysts
expecting stocks to fall by about 3 bcf when data is released
Thursday at about 10:30 a.m. EST, a Reuters poll showed.
First Enercast Estimate
http://www1.investorvillage.com/groups.asp?mb=16083&mn=7429&pt=msg&mid=8248270
+2 Bcf
Z24blackjet
Not Available
robry825
http://www1.investorvillage.com/smbd.asp?mb=2234&mn=241298&pt=msg&mid=8249715
+3 Bcf
=====
Expectations for Thursday's reported storage are:
Dow Jones Survey -2 Bcf
Bloomberg Survey N.A.
Reuters Survey -3 Bcf
BENTEK Storage Rpt N.A.
First Enercast +2 Bcf
robry825 +3 Bcf
z24blackjet N.A.
Last year's draw 64 Bcf
Five year average draw 43 Bcf
http://siliconinvestor.advfn.com/readmsg.aspx?msgid=26145491
http://futuresource.quote.com/news/story.jsp?i=DJC00UIY91202
Analysts and traders expect the EIA to report a withdrawal of 2 billion cubic
feet of gas Thursday, when the EIA releases its weekly update on natural gas
storage, according to the average of estimates in a Dow Jones Newswires survey.
If that estimate is correct, the EIA will report the first draw of the season,
but storage levels are still expected to remain well above historical norms.
Bloomberg Survey:
Not Available
Reuters:
* Colder weather seen across Midwest, Rockies, South
* NYMEX futures slide, pressure late-day trades
* Record high storage, weak economy continue to weigh
Estimates for this week's report ranged from a draw of 22
bcf to a build of 20 bcf, with most traders and analysts
expecting stocks to fall by about 3 bcf when data is released
Thursday at about 10:30 a.m. EST, a Reuters poll showed.
First Enercast Estimate
http://www1.investorvillage.com/groups.asp?mb=16083&mn=7429&pt=msg&mid=8248270
+2 Bcf
Z24blackjet
Not Available
robry825
http://www1.investorvillage.com/smbd.asp?mb=2234&mn=241298&pt=msg&mid=8249715
+3 Bcf
=====
Expectations for Thursday's reported storage are:
Dow Jones Survey -2 Bcf
Bloomberg Survey N.A.
Reuters Survey -3 Bcf
BENTEK Storage Rpt N.A.
First Enercast +2 Bcf
robry825 +3 Bcf
z24blackjet N.A.
Last year's draw 64 Bcf
Five year average draw 43 Bcf
http://siliconinvestor.advfn.com/readmsg.aspx?msgid=26145491
Ray
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