U.S. Natural Gas Weekly – August 19, 2011
Working gas in storage rose 50 Bcf from previous week. Consensus was at 47 Bcf.
Storage level is 179 Bcf lower than same time year ago and bellow 5-year average.
Posts Tagged ‘Natural Gas’
U.S. Natural Gas Weekly – August 12, 2011
Working gas in storage rose 25 Bcf from previous week. Consensus was at 35 Bcf.
Storage level is 202 Bcf lower than same time year ago and bellow 5-year average.
Rig Count Monthly – August 8, 2011
Number of crude oil drilling rigs in the U.S. rose for 24 in July; Number of natural gas drilling rigs rose for 6.
On world scale number of oil & gas drilling rigs rose for 140 in July.
U.S. Natural Gas Weekly – August 5, 2011
Working gas in storage rose 44 Bcf from previous week.
Storage level is 190 Bcf lower than same time year ago and bellow 5-year average.
Monthly Strategy – August 2011
Global economic growth is clearly slowing down.
U.S. Natural Gas Weekly – June 10, 2011
Working gas in storage rose 80 Bcf from previous week. The consensus was at 78 Bcf.
Storage level is 269 Bcf lower than same time year ago and bellow 5-year average.
This looks promising.
U.S. Natural Gas Weekly – May 20, 2011
Working gas in storage rose 92 Bcf from previous week. The consensus was at 90 Bcf.
Storage level is 170 Bcf lower than same time year ago and bellow 5-year average.
Rig Count Monthly – May 9, 2011
Number of crude oil drilling rigs in the U.S. rose for 48 in April ; Number of natural gas drilling rigs rose for 13.
On world scale number of oil & gas drilling rigs fell for 341 in April. This is because of a seasonal fall of drilling activity in Canada.
Monthly Strategy – May 2011
Mostly unchanged from April…
Rig Count Weekly – May 1, 2011
Number of crude oil drilling rigs rose for 13; Number of natural gas drilling rigs rose for 4.
U.S. Natural Gas Weekly – April 22, 2011
Working gas in storage rose 47 Bcf from previous week. The consensus was at 52 Bcf.
Storage level is 175 Bcf lower than same time year ago and bellow 5-year average. Much better situation than last year.
Rig Count Weekly – April 16, 2011
Number of crude oil drilling rigs fell for 6; Number of natural gas drilling rigs rose for 8.
Rig Count Weekly – April 11, 2011
Number of crude oil drilling rigs rose for 9; Number of natural gas drilling rigs fell for 14.
On world scale number of oil & gas drilling rigs fell for 92 in February.
U.S. Natural Gas Weekly – April 8, 2011
Working gas in storage fell 45 Bcf from previous week. The consensus was at 52 Bcf.
Storage level is 90 Bcf lower than same time year ago and bellow 5-year average
Worst performing commodity, keeping close watch, but no signs that will change in the near future (jet).
Monthly Strategy – April 2011
I have lost flair in making predictions. I even started to think that correct forecasting is impossible. Maybe it is better to look at forecasting only as to the extent “what if” exercise. That’s why this is the first strategy post this year.
I have to come to conclusion that the only relevant judgement on is made by market and this is the key in being a successful in this line of business. What is fair, what is right or what is logical are completely irrelevant questions in speculating. Fundamentals are most of the time only a peripheral factors affecting the prices; in fact fundamentals are major factor only in times of great excesses.
Now, lets get back to writing down my current mind setup.