U.S. Natural Gas Weekly – December 30, 2010

(For The Week Ending December 24, 2010)

Working gas in storage fell 136 Bcf from previous week. The consensus was at 143 Bcf.

Storage level 44 Bcf lower than same time year ago. In short a replay of last’s year oversupply.

Chart 1. Natural Gas Futures

Chart 2. Working Gas in Underground Storage Compared with 5 Year Average

Chart 3. Natural Gas Futures Curve

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