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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: Jim Willie CB who wrote (8658)2/26/2004 10:53:17 AM
From: russwinter  Read Replies (2) of 110194
 
Here ya go, got our Nat Gas rally today (mostly in the equities), big draw number of 164 to add to the train wreck hit parade. They just keep on comin.

Storage Highlights:
Working gas in storage was 1,267 Bcf as of Friday, February 20, 2004, according to EIA estimates. This represents a net decline of 164 Bcf from the previous week. Stocks were 253 Bcf higher than last year at this time and 163 Bcf below the 5-year average of 1,430 Bcf. In the East Region, stocks were 84 Bcf below the 5-year average following net withdrawals of 99 Bcf. Stocks in the Producing Region were 37 Bcf below the 5-year average of 443 Bcf after a net withdrawal of 50 Bcf. Stocks in the West Region were 42 Bcf below the 5-year average after a net drawdown of 15 Bcf. At 1,267 Bcf, total working gas is within the 5-year historical range.
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