Thursday, December 03, 2009 1:55:36 PM
BCF INJECTION - More than expected.
3,837 Bcf in storage, another new storage record.
Expectations were:
Dow Jones Survey -2 Bcf
Bloomberg Survey -3 bcf
Reuters Survey -3 Bcf
BENTEK Storage Rpt +3 Bcf
Platts 0 Bcf
First Enercast +2 Bcf
robry825 +3 Bcf
z24blackjet N.A.
Summary
Working gas in storage was 3,837 Bcf as of Friday, November 27, 2009, according to EIA estimates. This represents a net increase of 2 Bcf from the previous week. Stocks were 470 Bcf higher than last year at this time and 487 Bcf above the 5-year average of 3,350 Bcf. In the East Region, stocks were 168 Bcf above the 5-year average following net withdrawals of 7 Bcf. Stocks in the Producing Region were 243 Bcf above the 5-year average of 976 Bcf after a net injection of 8 Bcf. Stocks in the West Region were 76 Bcf above the 5-year average after a net addition of 1 Bcf. At 3,837 Bcf, total working gas is above the 5-year historical range.
Working Gas in Underground Storage Compared with 5-Year Range
http://www.eia.doe.gov/oil_gas/natural_gas/ngs/ngs.html
http://siliconinvestor.advfn.com/readmsg.aspx?msgid=26147777
3,837 Bcf in storage, another new storage record.
Expectations were:
Dow Jones Survey -2 Bcf
Bloomberg Survey -3 bcf
Reuters Survey -3 Bcf
BENTEK Storage Rpt +3 Bcf
Platts 0 Bcf
First Enercast +2 Bcf
robry825 +3 Bcf
z24blackjet N.A.
Summary
Working gas in storage was 3,837 Bcf as of Friday, November 27, 2009, according to EIA estimates. This represents a net increase of 2 Bcf from the previous week. Stocks were 470 Bcf higher than last year at this time and 487 Bcf above the 5-year average of 3,350 Bcf. In the East Region, stocks were 168 Bcf above the 5-year average following net withdrawals of 7 Bcf. Stocks in the Producing Region were 243 Bcf above the 5-year average of 976 Bcf after a net injection of 8 Bcf. Stocks in the West Region were 76 Bcf above the 5-year average after a net addition of 1 Bcf. At 3,837 Bcf, total working gas is above the 5-year historical range.
Working Gas in Underground Storage Compared with 5-Year Range
http://www.eia.doe.gov/oil_gas/natural_gas/ngs/ngs.html
http://siliconinvestor.advfn.com/readmsg.aspx?msgid=26147777
Ray
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