Ahead of the Bell: Gas reserves expected to rise

AP News
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Posted: Oct 14, 2010 7:30 AM
Ahead of the Bell: Gas reserves expected to rise

The Energy Department on Thursday is expected to report that natural gas inventories grew by 89 billion to 93 billion cubic feet for the week ended Oct. 8, according to a survey of analysts by Platts, the energy information arm of McGraw-Hill Cos.

The Energy Information Administration _ the statistical agency of the Department of Energy _ releases its weekly report at 10:30 a.m. EDT.

For the week that ended Oct. 1, the agency said natural gas inventories held in underground storage in the lower 48 states grew by 85 billion cubic feet to about 3.499 trillion cubic feet.