U.S. Natural Gas Weekly – March 18, 2011

(For The Week Ending March 11, 2011)

Working gas in storage fell 56 Bcf from previous week. The consensus was at 42 Bcf.

Storage level is 3 Bcf higher than same time year ago.

Japanese nuclear disaster could be a game changer for natural gas as LNG cargoes bound for the U.S. could be diverted to Japan. This could clear the oversupply glut.


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