Drilling Stocks

Hello tropical storm Gustav!! 60 MPH thus far. The private mets that I get are looking for a track into the central gulf of mexico this weekend. Production WILL be affected with this forecast reasoning.
 
Moving fairly slowly right now at 14 MPH. Am awaiting the latest update at 8PM EST., and a final update around 11PM from the NHC.

Papa, who do you subscribe to as far as the private mets are concerned?
Someone like AccuWeather?
 
The GROUP is screaming this morning with Nat-Gas +5% on Gustav!

And yet no one on ET seems to trade this sector, much less care.

Typical ET.

LOL!

:D
 
Working gas in storage was 2,757 Bcf as of Friday, August 22, 2008, according to EIA estimates. This represents a net increase of 102 Bcf from the previous week. Stocks were 200 Bcf less than last year at this time and 71 Bcf above the 5-year average of 2,686 Bcf. In the East Region, stocks were 78 Bcf above the 5-year average following net injections of 69 Bcf. Stocks in the Producing Region were 8 Bcf below the 5-year average of 785 Bcf a net injection of 25 Bcf. Stocks in the West Region were 1 Bcf above the 5-year average after a net addition of 8 Bcf. At 2,757 Bcf, total working gas is within the 5-year historical range.

---------------------

Wow, this number this morning certainly was a COLD shower!

http://www.eia.doe.gov/oil_gas/natural_gas/ngs/ngs.html

Nat-Gas just broke below 8.00
trading 7.92 with a 7.88 low.
Down 8%
 
You must log in or register to reply here.
Back
Top