Rig Count Weekly – November 29, 2010
Number of crude oil drilling rigs fell for 7; Number of natural gas drilling rigs rose for 17.
Posts Tagged ‘Natural Gas’
U.S. Natural Gas Weekly – November 25, 2010
Working gas in storage fell 6 Bcf from previous week. Consensus was at 3 Bcf.
I expect large draws in following weeks.
Rig Count Weekly – November 22, 2010
Number of crude oil drilling rigs rose for 11; Number of natural gas drilling rigs fell for 19. Significant shift from natural gas drilling to crude oil. This should be supportive for natural gas price.
On world scale number of drilling rigs rose for 43 rigs in October. All of the gains coming from North America.
U.S. Natural Gas Weekly – November 18, 2010
Working gas in storage rose 3 Bcf from previous week. Consensus was at 7 Bcf…
U.S. Natural Gas Weekly – November 4, 2010
(For The Week Ending October 29, 2010) Working gas in storage rose 67 Bcf from previous week. Consensus was at 64 Bcf. Colder weather has arrived and this has always been positive for natural gas price. Chart 1. Natural Gas Futures Chart 2. Working Gas in Underground Storage Compared with 5 Year Average Chart 3. Natural Gas Futures […]
Monthly Strategy – November 2010
In the last month global economic outlook has improved a bit. In U.S. we can see some signs of retail sales and manufacturing activity growing at soft rates, but growing; at the same time employment, housing, construction spending, durable goods orders are stagnating. Recent fall in initial jobless claims has to be confirmed this week as […]
Rig Count Weekly – November 1, 2010
(For The Week Ending October 29, 2010) Number of crude oil drilling rigs rose for 1; Number of natural gas drilling rigs rose for 3. Chart 1. Baker Hughes U.S. Rig Count Change Chart 2. Baker Hughes Weekly U.S. Rig Count Chart 3. Baker Hughes Monthly World Rig Count
U.S. Natural Gas Weekly – October 28, 2010
(For The Week Ending October 22, 2010) Working gas in storage rose 71 Bcf from previous week. Consensus was at 73 Bcf. Storage just keeps on rising futures more and more oversold. Long. Chart 1. Natural Gas Futures Chart 2. Working Gas in Underground Storage Compared with 5 Year Average Chart 3. Natural Gas Futures Curve
U.S. Natural Gas Weekly – October 21, 2010
(For The Week Ending October 15, 2010) Working gas in storage rose 93 Bcf from previous week. Consensus was at 88 Bcf. Storage just keeps on rising futures more and more oversold. It has to end at some time… Chart 1. Natural Gas Futures Chart 2. Working Gas in Underground Storage Compared with 5 Year Average […]
U.S. Natural Gas Weekly – October 15, 2010
(For The Week Ending October 8, 2010) Working gas in storage rose 91 Bcf from previous week. Consensus was at 92 Bcf. Chart 1. Natural Gas Futures Chart 2. Working Gas in Underground Storage Compared with 5 Year Average Chart 3. Natural Gas Futures Curve
U.S. Natural Gas Weekly – October 8, 2010
(For The Week Ending October 1, 2010) Working gas in storage rose 85 Bcf from previous week. Chart 1. Natural Gas Futures Chart 2. Working Gas in Underground Storage Compared with 5 Year Average
Monthly Strategy – October 2010
This months strategy is a little bit late because your favorite blogger is feeling (a bit) nihilistic in the last weeks. We have had a nice run in September in almost all asset classes. Reasons: recent economic data is not deteriorating as fast as feared and the central bankers determination to extend monetary stimulus is stronger […]
U.S. Natural Gas Weekly – October 1, 2010
(For The Week Ending September 24, 2010) Working gas in storage rose 74 Bcf from previous week. Consensus was at 68 Bcf. Opposite to overwhelming negative historical stock market performance in September natural gas has overwhelmingly positive historical positive performance in September. Not this year. The risk here is skewed to the upside. Chart 1. Natural Gas Futures […]
U.S. Natural Gas Weekly – September 23, 2010
(For The Week Ending September 17, 2010) Working gas in storage rose 73 Bcf from previous week. Consensus was at 80 Bcf. Chart 1. Natural Gas Futures Chart 2. Working Gas in Underground Storage Compared with 5 Year Average Chart 3. Natural Gas Futures Curve
U.S. Natural Gas Weekly – September 17, 2010
(For The Week Ending September 10, 2010) Working gas in storage rose 103 Bcf from previous week. Consensus was at 93 Bcf. Chart 1. Natural Gas Futures Chart 2. Working Gas in Underground Storage Compared with 5 Year Average Chart 3. Natural Gas Futures Curve