POLL-U.S. natgas inventories seen up 96 bcf in Thurs EIA report31 minutes ago by Thomson Reuters
(Repeats Wednesday's poll before data release with no changes)    * Injection estimates range from 88 bcf to 112 bcf    * Median build in the poll is 95 bcf    By Joe Silha    NEW YORK, June 12 (Reuters) - U.S. natural gas inventorieson average are expected to have gained 96 billion cubic feetlast week, a Reuters poll of industry traders and analystsshowed on Wednesday.    Utilities typically stockpile natural gas from April throughOctober, then withdraw stored supplies from November throughMarch to help meet peak winter heating demand.     The U.S. Energy Information Administration will release itsgas storage data for the week ended June 7 on Thursday at 10:30a.m. EDT (1430 GMT).    The Reuters poll had 22 participants, with injection estimates ranging from 88 bcf to 112 bcf. The median build inthe poll was 95 bcf.    Stocks rose by an adjusted 66 bcf during the same week in2012. The five-year average gain for the week is 84 bcf.    The U.S. National Oceanic and Atmospheric Administrationsaid there were 37 cooling degree days last week. That was sevenfewer than the previous week and two less than normal but fivewarmer than the same week last year.    Cooling degree days, or the number of degrees Fahrenheitthat a day's average temperature remains above 65 degreesFahrenheit (18 Celsius), are used to estimate demand to coolhomes and businesses. They are often weighted to reflectpopulation differences in specific states and regions.    For the week ended May 31, overall storage rose 111 bcf to2.252 trillion cubic feet.     Traders viewed the triple-digit build as bearish for prices,noting it came in above the highest estimate of 110 bcf in theReuters poll and well above the five-year average increase forthat week of 92 bcf.    (Storage graphic: http://link.reuters.com/mup44s)    The weekly injection trimmed the deficit relative to lastyear to 616 bcf, or 21 percent, below last year's record highsat that time. It also reduced the shortfall versus the five-yearaverage to 69 bcf, or 3 percent, below that benchmark.    A build on Thursday at the Reuters poll estimate wouldshrink the deficit to last year by 30 bcf to 586 bcf, or 20percent. It would also trim 12 bcf from the shortfall versus thefive-year average, leaving stocks at 57 bcf, or 2 percent, belowaverage for that week.    In the last four reports, total stocks have risen 387 bcf,or 97 bcf per week, versus a 266 bcf build for the sameone-month period last year and a 357 bcf five-year average gainfor that period.    NOAA said it expected 63 cooling degree days this week, 17warmer than normal and 10 warmer than the same year-ago week.    Early injection estimates for next week's storage reportrange from 83 bcf to 101 bcf, versus a 63 bcf build during thesame week last year and a five-year average increase for thatweek of 80 bcf.    Stocks ended March at 1.683 tcf, or 32 percent below lastwinter's record high finish of 2.48 tcf.    If weekly builds into early November match the five-yearaverage pace, inventories will begin next heating season at3.707 tcf, about 6 percent below last year's record high of3.929 tcf but only 2 percent shy of average for that time.    The following is a partial list of forecasters in thisweek's survey. If forecasters gave a range, the midpoint wasused. Numbers in billion cubic feet (bcf).          Asset Risk Mgmt           +  91    Citi Futures              + 105    Ecova                     +  98    Energy Management Inst    +  94    enerjay LLC               +  95    FirstEnergy               +  98    Gelber & Associates       +  94    Guernsey                  + 112    IAF Advisors              +  90    INTL FCStone              +  98    JPMorgan                  +  95    Prestige Economics        +  95    Raymond James             +  95    RideFar Energy            +  93    Schneider Electric        + 100    The SMC Report            + 100    Stephen Smith Energy      + 102    Strategic Energy          +  91    Thomson Reuters Analytics +  88    Tradition Energy          +  94     (Reporting by Joe Silha; Editing by Marguerita Choy)

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