Archive for September 2nd, 2011

U.S. Natural Gas Weekly – September 2, 2011

Working gas in storage rose 55 Bcf from previous week. Consensus was at 60 Bcf.

Storage level is 145 Bcf lower than same time year ago and bellow 5-year average.

August Nonfarm Payrolls Unchanged; Private Payrolls Up 17.000; Unemployment Rate At 9.1%

Nonfarm payrolls were unchanged in August; Consensus was at 60.000; July reading was an increase of 85.000 (revised down 32.000). The unemployment was reported at 9.1% vs. prior reading and consensus of 9.1%.

Private payrolls were up 17.000 vs. 95.000 consensus and 156.000 reading in July (revised up 2.000).

Large negative surprise and a confirmation of economic slowdown.


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