Natural gas inventories are expected to show an increase of 75 bcf, which is a result of warmer-than-normal weather

advancing over the eastern half of the country. Such a build would compare to the five-year average of +27 bcf and

help inventories advance further on the five-year average. Inventories were 315 bcf above the five-year average last

week and closed in on the highest divergence of the year of 333 bcf set in early-May. The HDD forecast is 50.5

which compares to the 10-year average of 81.2. Looking to next week, the above average temps give way to belownormal

conditions and an HDD forecast of 102.0 vs. a 10-year norm of 93.4. The potential build in gas would be

around 40 bcf compared to a five-year average build of 35 bcf.

Tags: gas storage report, natural gas storage estimate, storage expectation - NG