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To: Dennis Roth who wrote (90620)9/18/2007 5:12:46 PM
From: Dennis Roth  Read Replies (1) | Respond to of 206177
 
DJ UPDATE: US GAS: Futures End Lower As Market Eyes Storm Path
futuresource.quote.com
(Table of Settlement and Cash prices at link)

Meteorologists remained uncertain as to whether a tropical disturbance near
Florida could disrupt U.S. energy infrastructure in the Gulf. Most weather
models show the storm system moving across the Gulf toward Texas and Louisiana
late this week, by which time it could become a Category 1 hurricane, although
the storm's exact path is unclear.

BLOOMBERG: Nymex Natural Gas Falls as Ample Inventory Eases Storm Concern
bloomberg.com

``This is a very nervous market, when you consider the fund's position, which is extremely short,'' said Kostas. ``Seeing the volatility is not surprising.''

Should storage increase at 56 billion cubic feet each week to the end of October, the end of the so-called injection season, supplies would reach a record 3.51 trillion cubic feet, Michael Fitzpatrick, vice president at MF Global Ltd. in New York, said today in a note.

Supply Glut

``Without a hurricane threat, the market is still faced with a glut of supplies,'' he said.


--

REUTERS: Most U.S. spot natural gas prices slid
Tuesday along with weaker gas futures and expected lighter demand from
fairly mild late-summer weather in much of the nation.
investorvillage.com

Physical Natural Gas Prices - Mostly down.
intelligencepress.com

===

Tropical Weather
This is the disturbance that they are talking about, 93L.


This is what the National Hurricane Center had to say about it.
nhc.noaa.gov
A LARGE AREA OF CLOUDINESS AND THUNDERSTORMS EXTENDS FROM THE EAST
COAST OF FLORIDA EASTWARD FOR A FEW HUNDRED MILES OVER THE WESTERN
ATLANTIC AND BAHAMAS. THIS ACTIVITY IS ASSOCIATED WITH AN
UPPER-LEVEL LOW OVER THE FLORIDA PENINSULA AND A TROPICAL WAVE OVER
THE NORTHWESTERN BAHAMAS. THIS SYSTEM HAS THE POTENTIAL FOR
SUBTROPICAL OR TROPICAL CYCLONE FORMATION OVER THE NEXT COUPLE OF
DAYS AS IT MOVES WESTWARD OVER FLORIDA AND INTO THE EASTERN GULF OF
MEXICO. LOCALLY HEAVY RAINFALL IS POSSIBLE OVER PORTIONS OF THE
FLORIDA PENINSULA AND THE BAHAMAS DURING THE NEXT DAY OR TWO.