U.S. Natural Gas Weekly – May 4, 2012

May 4th, 2012 by Belisarius

(For The Week Ending April 27, 2012)

Total collapse because of oversupply this winter followed by a rebound in recent weeks.

Working gas in storage rose 28 Bcf from previous week. Consensus was at 29 Bcf.

Storage level is massive 810 Bcf higher than same time year ago and way above 5-year average.

Abundance of supply.

This entry was posted on Friday, May 4th, 2012 at 3:27 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.

One Response to “U.S. Natural Gas Weekly – May 4, 2012”

  1. U.S. Natural Gas Weekly – May 4, 2012 | Tainted Alpha | The Wall Street Examiner Says:
    May 4th, 2012 at 6:12 am

    […] via U.S. Natural Gas Weekly – May 4, 2012 | Tainted Alpha. […]

 
Get Adobe Flash player