U.S. Natural Gas Weekly – October 28, 2010
(For The Week Ending October 22, 2010)
Working gas in storage rose 71 Bcf from previous week. Consensus was at 73 Bcf.
Storage just keeps on rising futures more and more oversold. Long.
Chart 1. Natural Gas Futures
Chart 2. Working Gas in Underground Storage Compared with 5 Year Average
Chart 3. Natural Gas Futures Curve