U.S. Natural Gas Weekly – 16 January 2010

January 16th, 2010 by Belisarius

Working gas in storage fell 266 Bcf from the previous week. The cold weather depletes stocks at a surprising rate. An interesting situation, potential long opportunity.

Chart 1. Natural Gas Futures

Source: StockCharts.com

Chart 2. Working Gas in Underground Storage Compared with 5-year Range

Source: EIA

This entry was posted on Saturday, January 16th, 2010 at 11:55 am and is filed under U.S. Natural Gas Weekly. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

Comments are closed.

 
Get Adobe Flash player