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To: Dennis Roth who wrote (114199)11/26/2008 1:30:44 PM
From: Sweet Ol  Respond to of 206804
 
NG spiked $0.40 in minutes after the inventory report hit the wires. It got back all of yesterday's loses.

Best to all,

JRH



To: Dennis Roth who wrote (114199)11/26/2008 4:48:42 PM
From: Dennis Roth  Read Replies (1) | Respond to of 206804
 
EIA Reports 66 Bcf Draw, Ethane Rejection Could Increase 'Phantom' Supply
Credit Suisse analysis
Link: sendspace.com



To: Dennis Roth who wrote (114199)12/4/2008 10:36:41 AM
From: Dennis Roth4 Recommendations  Read Replies (2) | Respond to of 206804
 
64 BCF draw down - A little less than what was expected.

Expectations were:

Dow Jones Survey -68 Bcf
Bloomberg Survey -69 Bcf
Reuters Survey N.A.
BENTEK Storage Rpt -68 Bcf
robry825 2003 model -61 Bcf, 2005 -73 Bcf, 2008 -61 Bcf
z24blackjet -73 Bcf

Last year's draw -66 Bcf
Five year average -45 Bcf


Summary
Working gas in storage was 3,358 Bcf as of Friday, November 28, 2008, according to EIA estimates. This represents a net decline of 64 Bcf from the previous week. Stocks were 107 Bcf less than last year at this time and 69 Bcf above the 5-year average of 3,289 Bcf. In the East Region, stocks were 31 Bcf above the 5-year average following net withdrawals of 61 Bcf. Stocks in the Producing Region were 4 Bcf above the 5-year average of 959 Bcf after a net withdrawal of 2 Bcf. Stocks in the West Region were 34 Bcf above the 5-year average after a net drawdown of 1 Bcf. At 3,358 Bcf, total working gas is within the 5-year historical range.
eia.doe.gov