U.S. Natural Gas Weekly – 12 February 2010

Working gas in storage fell 191 Bcf from the previous week. Cold weather is helping the price, but I’m still indecisive if the winter draw will be strong enough to clear the stockpiles for a summer filling.

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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