|
 The Energy Department's Energy Information Administration reported that natural gas in storage grew 67 billion cubic feet to 3.843 trillion cubic feet for the week ended Oct. 19.
Analysts expected a rise of 63 billion to 67 billion cubic feet, according to a survey by Platts, the energy information arm of McGraw-Hill Cos.
The inventory level was 7 percent above the five-year average of 3.592 trillion cubic feet, and 4.1 percent above last year's level of 3.690 trillion cubic feet, according to the government data.
Natural gas fell 7 cents to $3.38 per 1,000 cubic feet in New York.
[Associated
Press]
Copyright 2012 The Associated
Press. All rights reserved. This material may not be published,
broadcast, rewritten or redistributed. |
