U.S. Natural Gas Weekly – 21 January 2010

January 21st, 2010 by Belisarius

Working gas in storage fell 245 Bcf from the previous week. In the strange twist of events we are coming from storage being 100% full to possibly empty storage at the end of the winter.From fundamental side a even more compelling long.

Chart 1. Natural Gas Futures

Source: StockCharts.com

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

Source: EIA

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