Thursday, April 23, 2009

Natural Gas Inventories


Natural gas inventories were released today. There was a buildup of +46Bcf. The good news for the natural gas bulls is that the upward slope of the storage curve is not as steep as it has been in recent weeks. The bad news is that we are signifcantly higher than last year at this time. The 2008 curve was superimposed on the 2009 curve on the chart below:



(please click to enlarge)

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2 comments:

Data Surfer said...

where did u get this figure from? btw, have been enjoying following ur blog. very impressed.

The Shocked Investor said...

Thank you Data Surfer!

The actual inventory data comes from the the EIA site, link on left of my blog, or http://www.eia.doe.gov/oil_gas/natural_gas/ngs/ngs.html

Data is posted every Thursday at 10:30AM.

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