Nat-Gas Weekly Storage

Discussion in 'Energy Futures' started by Landis82, May 7, 2009.

  1. Yet another ADD of 95 BcF reported today, May 7th.

    Wow!
     
  2. CET

    CET

    A big surplus at the moment. NG only moved up because of oil, as the speculators are flooding back into energy.
     
  3. So many of these Nat-Gas drillers are way ahead of themselves . . . PTEN and HP.

    In fact, PTEN had an average of only 69 rigs working during the month of April, down from 92 in March.

    Huge shorts in my opinion.