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 fail back into […]
In Today's Post: 1) Estimates and thoughts on today's simultaneous oil and gas reports from the EIA 2) A merger among the service companies has potential positive ramifications for some forlorn onshore driller names (PKD) and (GW) 3) NE announces another strong quarter and some strong forward looking commments. Should bode well for (ESV) and […]
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