Bloomberg News

Natural-Gas Supply Probably Rose 9 Bcf, Bloomberg Users Say

December 01, 2011

Dec. 1 (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 0.2 percent last week, according to a survey of Bloomberg users.

The government’s Natural Gas Storage Report will show that inventories gained 9 billion cubic feet in the week ended Nov. 25 to 3.861 trillion cubic feet, according to the survey.

Natural gas for January delivery rose 0.1 cent to $3.551 per million British thermal units on the New York Mercantile Exchange at 10:25 a.m.

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

--Editors: Bill Banker, Dan Stets

To contact the reporter on this story: Christine Buurma in New York at cbuurma1@bloomberg.net;

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


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