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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?


To: Dennis Roth who wrote (113314)11/12/2008 5:26:47 PM
From: Dennis Roth2 Recommendations  Read Replies (1) | Respond to of 206135
 
DJ UPDATE:US GAS:Futures Fall On Economic Woes,Sliding Crude Oil
futuresource.quote.com

"It's a puzzlement to see this kind of trading activity with winter
approaching and with cold weather all around us," said Mike Rose, director of
the energy trading desk at Fort Lauderdale-based brokerage Angus Jackson Inc.
"It's indicative of people being scared to take a position..."

...The natural gas market "just isn't acting normally," Rose said. "It has all
the hallmarks of liquidation. It's the kind of market that you want to stay
away from as a hedger or a speculator."


Bloomberg: Natural Gas Futures Fall as Demand May Drop in Slowing Economy
bloomberg.com

Gas stockpiles probably increased 46 billion cubic feet in the week ended Nov. 7, according to the median of 13 analyst estimates compiled by Bloomberg.
====

Reuters: N.A.

Firm Physical Natural Gas Price for Next Day Delivery
Down everywhere, no exceptions.
intelligencepress.com

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Expectations for Friday's reported injection are:

Dow Jones Survey N.A.
Bloomberg Survey 46 Bcf
Reuters Survey N.A.
BENTEK Storage Rpt N.A.
robry825 2003 model 50i Bcf, 2005 42i Bcf, 2008 50i Bcf
z24blackjet 51 Bcf

Last year's injection 4 Bcf
Five year average 23 Bcf


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GULF PRODUCTION MONITOR: November 12, 2008 Gulf production jumped to 9.7 Bcf/d in yesterdays ID2 postings but is back down to 9.5 Bcf/d in evening flows today due to lower nominations in each of the areas. Stingray revised its offshore nominations to over 100 MMcf/d from zero yesterday after a dehydration issue temporarily stalled morning's flows. HIOS has not posted any nominations but indicated just yesterday that were available for today. Venice Gathering System notified its customers that they were in the process of pressuring up the 24 inch line and that it would be available this week.
bentekenergy.com