U.S. Natural Gas Weekly – December 9, 2011

December 9th, 2011 by Belisarius

(For The Week Ending December 2, 2011)

Massive oversupply.

Working gas in storage fell 20 Bcf from previous week. Consensus was at -12 Bcf.

Storage level is 106 Bcf higher than same time year ago and above 5-year average.

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