Natural Gas Fundamental Analysis March 8, 2012, Forecast
Analysis and Recommendations:
Natural Gas continues to fall trading at 2.306 down from 2.348. Weather forecasts continue to call for a warmer March then predicted and with just a few more days left of winter the demand for Gas is gone for the season. Inventories continue to remain high. Gas should sit in this range for quite a long while, regardless of production cuts, as consumption is quite low.
Economic Events: (GMT)
WEEKLY
-
Heating Oil & Propane Update (October-March)
Heating Oil, Propane Residential and Wholesale Price Data
Release Schedule: Wednesday at 1:00 p.m. EST -
Weekly Coal Production
Release Schedule: Thursday by 5:00 p.m. EST -
Weekly NYMEX Coal Futures
Release Schedule: Monday by 5:00 p.m. EST -
Natural Gas Weekly Update
Release Schedule: Thursday between 2:00 and 2:30 p.m. (Eastern Time) -
Weekly Natural Gas Storage Report
Release Schedule: Thursday at 10:30 (Eastern Time) (schedule)
Originally posted here
