Bloomberg News

Natural-Gas Supply Probably Rose 96 Bcf, Bloomberg Users Say

October 06, 2011

Oct. 6 (Bloomberg) -- The U.S. Energy Department’s natural- gas inventory report, scheduled for release at 10:30 a.m. in Washington, will show that supplies rose 2.9 percent last week, according to a survey of Bloomberg users.

The government’s Natural Gas Storage Report will show that inventories gained 96 billion cubic feet in the week ended Sept. 30 to 3.408 trillion cubic feet, according to the survey.

Natural gas for November delivery rose 1.3 cents, or 0.4 percent, to $3.583 per million British thermal units on the New York Mercantile Exchange at 10:20 a.m.

Bloomberg compiles the anonymous survey based on estimates by at least 100 users each week.

--Editors: Bill Banker, Richard Stubbe

To contact the reporter on this story: Moming Zhou in New York at Mzhou29@bloomberg.net;

To contact the editor responsible for this story: Dan Stets at dstets@bloomberg.net


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