U.S. Natural Gas Weekly – January 28, 2011
Working gas in storage fell 174 Bcf from previous week. The consensus was at 170 Bcf.
Storage level is 21 Bcf higher than same time year ago.
Posts Tagged ‘Natural Gas’
Rig Count Weekly – January 23, 2011
Number of crude oil drilling rigs rose for 9; Number of natural gas drilling rigs fell for 4.
U.S. Natural Gas Weekly – January 21, 2011
Working gas in storage fell 243 Bcf from previous week. The consensus was at 233 Bcf.
Storage level 109 Bcf higher than same time year ago.
U.S. Natural Gas Weekly – January 15, 2011
Lot of work on my day job, so I didn’t have time to get to this…
Working gas in storage fell 138 Bcf from previous week. The consensus was at 146 Bcf.
Storage level 107 Bcf higher than same time year ago. In short a replay of last’s year oversupply.
Rig Count Weekly – January 10, 2011
Number of crude oil drilling rigs rose for 12; Number of natural gas drilling rigs fell for 5.
On world scale number of oil & gas drilling rigs rose for 76 in December.
U.S. Natural Gas Weekly – January 6, 2011
Working gas in storage fell 135 Bcf from previous week. The consensus was at 130 Bcf.
Although the draw was above consensus, it’s a disappointment overall as storage level is only 21 Bcf lower than same time year ago. In short – a replay of last’s year oversupply.
U.S. Natural Gas Weekly – December 30, 2010
Working gas in storage fell 136 Bcf from previous week. The consensus was at 143 Bcf.
Storage level 44 Bcf lower than same time year ago. In short a replay of last’s year oversupply.
Rig Count Weekly – December 27, 2010
Number of crude oil drilling rigs fell for 15; Number of natural gas drilling rigs fell for 10.
U.S. Natural Gas Weekly – December 24, 2010
Working gas in storage fell 184 Bcf from previous week. The consensus was at 180 Bcf.
Storage level higher than year ago.
Rig Count Weekly – December 20, 2010
Number of crude oil drilling rigs fell for 7; Number of natural gas drilling rigs fell for 7.
U.S. Natural Gas Weekly – December 17, 2010
Working gas in storage fell 164 Bcf from previous week. The consensus was at 165 Bcf.
Demand seems to be not sufficient to clear the excess inventory; looks like another lost winter for natural gas price ahead.
Rig Count Weekly – December 13, 2010
Number of crude oil drilling rigs fell for 21; Number of natural gas drilling rigs fell for 13.
On world scale number of drilling rigs rose for 68 rigs in December. Bulk of the gains coming from North America.
U.S. Natural Gas Weekly – December 9, 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.
Monthly Strategy – Holiday Edition – December 2010
In the last months global economic outlook has improved a bit. In U.S. we can see signs of personal consumption and manufacturing activity growing at soft rates, but growing; at the same time employment, housing, construction spending, durable goods orders are stagnating. Fall in initial jobless claims is clearly being offset by inflow of people into the workforce; job creation still weak.
U.S. Natural Gas Weekly – December 3, 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.