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To: dave9 who wrote (90286)1/9/2008 8:26:34 AM
From: Joe Stocks  Read Replies (1) | Respond to of 110194
 
>>There is more NG is storage than the last 5 year average. Usage is down with this relative mild winter.<<

Through October Natural gas usage for the first 10 months of the year as compared to last year is up 5.7%. (I can't find usage numbers beyond October) Also, this winter is less mild than last so far.
tonto.eia.doe.gov

As far as this winter, our draw downs in inventory have been higher. Yes, storage is above the five year average but inventories fall with in the five year range and are down 5% from this time last year.


Here is a good board that discusses Nat Gas. in detail.
www1.investorvillage.com