Ahead of the Bell: Natural gas supplies
NEW YORK (AP) — The Energy Department is expected to report on Thursday that the nation's natural gas supplies grew by 36 billion to 40 billion cubic feet in the week ended Aug. 17, according to a survey of analysts by Platts, the energy information arm of McGraw-Hill Cos.
A build of that size would be less than the 66 billion cubic feet put in storage in the same week a year ago and below the five-year average addition of 53 billion cubic feet. The nation's gas reserves remain well above average because of strong production and relatively soft demand.
The Energy Information Administration releases its weekly report at 10:30 a.m. EDT.