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Strategies & Market Trends : Sharck Soup

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To: Sharck who started this subject8/15/2001 3:05:05 PM
From: StormRider  Read Replies (1) of 37746
 
14:58 ET Natural Gas Soars : Natural gas futures have rallied more than 11.5% in response to
American Gas Association report showing that U.S. inventories rose far less than expected. Underground
storage supplies rose just 3 billion cubic feet (bcf) vs expectations of 60-70 bcf. News has taken natural gas
futures through the roof, and carried oilfield drilling and services stocks along for the ride: BJS (+12%),
PTEN (+10.7%), NBR (+9.6%), PDE (+8.3%), HAL (+7.5%).
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