U.S. Natural Gas Weekly – December 9, 2010

December 9th, 2010 by Belisarius

(For The Week Ending December 3, 2010)

Working gas in storage fell 89 Bcf from previous week. The consensus was at 80 Bcf.

I expect further increases in storage draws in following weeks.

Chart 1. Natural Gas Futures

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

Chart 3. Natural Gas Futures Curve


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