Gas Stockpiles Probably Rose 61 Billion Cubic Feet, Analysts Say
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U.S. natural-gas inventories probably rose 61 billion cubic feet last week, more than the gain a year earlier, as higher nuclear production reduced demand for gas-powered electricity, analyst estimates compiled by Bloomberg show.
Stockpiles gained 2.3 percent to 2.672 trillion in the week ended July 15, based on the median of 16 estimates. Supplies climbed 55 billion cubic feet a year earlier, according to Energy Department data. The five-year average change for the week is an increase of 67 billion.