U.S. Natural Gas Weekly – August 19, 2010

August 20th, 2010 by Belisarius

Working gas in storage rose 27 Bcf from previous week. Consensus was at 31 Bcf.

Additions to storage are slowing down and the total storage is getting more and more closer to the pre-crisis averages. Very, very interesting…

Chart 1. Natural Gas Futures

Source: Bloomberg

Chart 2. Working Gas in Underground Storage Compared with 5 Year Average

Source: EIA

Chart 3. Natural Gas Futures Curve

Source: EIA

Chart 4. Working Gas in Underground Storage Change

Source: Bloomberg

Chart 5. Working Gas in Underground Storage

Source: Bloomberg

This entry was posted on Friday, August 20th, 2010 at 3:29 am and is filed under Commodities, 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.

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