Bloomberg News

Natural-Gas Supply Probably Rose 53 Bcf, Bloomberg Users Say

June 28, 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 rose 1.8 percent last week, according to a survey of Bloomberg users.

The government’s report will show that inventories gained 53 billion cubic feet in the week ended June 22 to 3.059 trillion cubic feet, according to the survey.

Natural gas for August delivery fell 0.6 cent, or 0.2 percent, to $2.792 per million British thermal units on the New York Mercantile Exchange at 10:24 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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