Zman’s Energy Brain ~ oil, gas, stocks, etc…

 
 
Natural gas traded up $0.029 to close at $8.074 on a bigger than expected (and in fact all time record) withdrawal of 274 Bcf. The Street was at 250 Bcf; I was at 225 to 275 Bcf. All three regions are below year ago storage levels and the West region is 3.7% below its five [...]

1) CFTC data shows a big rise in longs and a cover for the natural gas shorts…Net short interest pulls back from recent record levels as cold weather mutes, at least for now, the impact of the current string of tough storage comps.

For my recent thoughts on gas storage, prices, the weather etc click [...]

Natural gas traded up $0.20 to close at $7.82 on what was essentially an inline withdrawal from storage of 155 Bcf (Street was at 158 Bcf; I was at 175 Bcf).

Here's Where Storage Stands Now: 

Zcomment:

Last Week I Said:

As for natural gas prices, I would expect them to eventually [...]

Natural gas traded in a wide range before and after today's storage report, finally ending off $0.052 to close at $8.081 (with a range of $7.933 to $8.175) on what was essentially an inline withdrawal from storage of 59 Bcf (Street was at 62; I had a range of 40 to 60).
This morning I [...]

optional excerpt text