BS: U.S. Natural-Gas Stockpiles Rose 2.1%, Analysts Say
U.S. natural-gas inventories probably rose 2.1 percent last week, according to a survey of analysts and traders by Bloomberg.
Working gas inventories rose 49 billion cubic feet during the week ended March 23 to 2.429 trillion cubic feet, according to the average estimate in the survey.
The U.S. Department of Energy's Energy Information Administration will publish its weekly report on natural-gas inventories at 10:30 a.m. U.S. Eastern time Thursday.
The EIA will release the report on its Internet site at http://www.eia.doe.gov/oil_gas/natural_gas/ngs/ngs.html
In the week ended March 16, inventories rose 11 billion cubic feet to 2.380 trillion cubic feet, compared with 1.614 trillion a year earlier and a five-year average of 1.545 trillion.
