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This Week in Petroleum
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Gasoline and Diesel Fuel Update
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Weekly Petroleum Status Report
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Heating Oil & Propane Update (October-March)
Heating Oil, Propane Residential and Wholesale Price Data
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Weekly Coal Production
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Coal News & Markets
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Natural Gas Weekly Update
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Weekly Natural Gas Storage Report
Release Schedule: Thursday at 10:30 (Eastern Time) (schedule)
Natural Gas Fundamental Analysis February 3, 2012, Forecast
Analysis and Recommendations:
Natural Gas shot up today to 2.5578 on surprising inventory reports. The U.S. Energy Information Administration stated in its weekly report that natural gas storage in the week ending January 27 fell by 132 billion cubic feet after falling 192 billion cubic feet the previous week. Despite this significant drop, inventories remain at their highest level ever for this time of year. Total U.S. natural gas storage stood at 3.098 trillion cubic feet as of last week. Although the report indicted inventories fell more than expected last week.
Today, saw NG climb over 6%.
Originally posted here
