Natural gas inventories were released Thursday, showing a buildup of 82Bcf. This was very much in line with espectations of around 80Bcf. There were no surprises, however the total amount under storage is still touching the top of the 5 year average:
(please click to enlarge)
An injection of about 150Bcf next week will pierce the top of the prior 5 year average and will look even worse. There is a very distinct possibility that next week's injection may be even higher than 150Bcf. It should be very interesting to watch and see what happens with the average itself.
Friday, May 1, 2009
Natural Gas Storage
Subscribe to:
Post Comments (Atom)
Blog Archive
-
▼
2009
(843)
-
▼
May
(42)
- UCO Straddle Update: ROI +91%
- Natural Gas Inventory Report: Storage Overflow!
- Faber: 100% Sure Hyperinflation is Coming, US to A...
- Market is Overpriced: Straddle Ideas for June
- $101B in Treasury Auctions Start Today: Gold to Fa...
- OCED: Richer Countries Suffer Greatest GDP Fall Si...
- Highest and Lowest P/Es of the S&P 500 Companies: ...
- Natural Gas Inventories: Storage Will Overflow; Co...
- Top 30 Most Oversold and Overbought Companies in t...
- A New Giant, Brazil Foods is Born: Sadia and Perdi...
- Petrobras Signs $10B Financing Deal With China, an...
- Straddle Ideas for June
- Pretectionism Trade Wars Have Begun, Great Depress...
- Leveraged ETFs: Heads You Lose, Tails You Lose
- Panda Bear Rally: They Eat the Green Shoots
- Most Oversold and Overbought Companies in the S&P ...
- US Budget Deficit: $1.8T; Debt to GDP Ratio Hits S...
- Dr. Doom (Marc Faber) in Montreal: Bonds are the S...
- UCO Oil Straddle for June
- Oil Contango Narrows: Bullish Sign
- Nortel Results for Q1 2009
- S&P 500: 11 Oversold and 205 Overbought Companies
- Joseph Stiglitz (Nobel Prize): The System Based on...
- USO Rollover Report for May, Sharp Drop in Contango
- Nortel Has Gone Parabolic, +25% on High Volume
- Last Day for USO Rollover, Watch the Dump
- Top 20 Global Banks by Market Capitalization: The ...
- US Bank Stress Results: Read or Download Complete ...
- Natural Gas Report: Great Time to Get Out
- Most Overbought Stocks in the S&P500
- UCO Straddles for May Update
- Markets Are Overbought, RSI7 Update: SPY, DIA, XLF...
- Biovail Lowers Dividends, Straddle is Today's Big ...
- A Rally With No Volume?
- US Banks Stress Results
- Most Oversold and Overbought Companies in the S&P500
- Nortel: Good Speculative Stock, Why Do Governments...
- Chrysler Bankruptcy: Death Threats and Illegal Sales
- USO Rollover for May and June and Calendar
- Straddle Ideas for The Week May 4-May 9
- China: Brazil's Biggest Importer Surpassing the USA
- Natural Gas Storage
-
▼
May
(42)
No comments:
Post a Comment