U.S. Natural Gas Weekly – 4 February 2010

February 4th, 2010 by Belisarius

Working gas in storage fell 115 Bcf from the previous week. Natural gas is holding well through today sell of. Enigma to me why… Without few cold weeks the end of winter stockpiles could be higher than last year, which means another tough year for the natural gas markets.

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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