U.S. Natural Gas Stockpiles Probably Fell 2.3%, Analysts Say
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U.S. natural-gas supplies probably fell by less than the seasonal average last week as mild weather in the Northeast reduced heating-fuel demand, according to analyst estimates compiled by Bloomberg.
Inventories dropped 90 billion cubic feet, or 2.3 percent, to 3.741 trillion cubic feet in the week ended Dec. 9, based on the median of 16 estimates. The five-year average change for the week is a decrease of 142 billion, according data from the Energy Department, whose weekly supply report is due tomorrow. Stockpiles fell 164 billion the same week last year.