U.S. Natural Gas Weekly – December 3, 2010

December 3rd, 2010 by Belisarius

(For The Week Ending November 26, 2010)

Working gas in storage fell 23 Bcf from previous week. Consensus was at -29 Bcf.

To repeat: I expect large 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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