U.S. Natural Gas Weekly – 17 December 2009 | Tainted Alpha

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U.S. Natural Gas Weekly – 17 December 2009

December 17th, 2009 by Belisarius

Working gas in storage fell 207 Bcf from the previous week. Similar as with crude oil stocks this is a clear support to the natural gas price.

Chart 1. Natural Gas Futures

Source: StockCharts.com

Chart 2. Working Gas in Underground Storage Compared with 5-year Range

Source: EIA

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This entry was posted on Thursday, December 17th, 2009 at 12:14 pm and is filed under U.S. Natural Gas Weekly. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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