Bloomberg News

Natural-Gas Supply Probably Fell 60 Bcf, Bloomberg Users Say

March 15, 2012

The U.S. Energy Department’s natural-gas inventory report, scheduled for release at 10:30 a.m. in Washington, will show that supplies fell 2.5 percent last week, according to a survey of Bloomberg users.

The government’s Natural Gas Storage Report will show that inventories declined 60 billion cubic feet in the week ended March 9 to 2.373 trillion cubic feet, according to the survey.

Natural gas for April delivery was little changed $2.285 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.

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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