Big increase Nat Gas inventories week ending 3 May------88 BCF

Natural-gas prices fall on rise in supply                                                                 (                                      NGM13                                 )                                                                  by Myra P. Saefong                            

SAN FRANCISCO (MarketWatch) -- Natural-gas futures lost more ground on Thursday, after the U.S. Energy Information Administration reported an 88 billion cubic foot increase in U.S. inventories for the week ended May 3. Analysts polled by Platts forecasted a climb between 86 billion cubic feet and 90 billion. Total stocks now stand at 1.865 trillion cubic feet, down 737 billion cubic feet from the year-ago level and 99 billion cubic feet below the five-year average, the government said. June natural gas     (ngm13)   was at $3.91 per million British thermal units, down 7 cents, or 1.8%. It was trading at $3.95 shortly before the data

Views: 123

Reply to This

Replies to This Discussion

What is surprising is that it is currently at $3.98 at 11:27 EST and is holding, apparently.

RSS

Support GoHaynesvilleShale.com

Blog Posts

Tuscaloosa Trend Sits On Top Of Poorest Neighbourhood For Decades - Yet No Royalties Ever Paid To The Community -- Why??

In researching the decades-old Tuscaloosa Trend and the immense wealth it has generated for many, I find it deeply troubling that this resource-rich formation runs directly beneath one of the poorest communities in North Baton Rouge—near Southern University, Louisiana—yet neither the university ( that I am aware of)  nor local residents appear to have received any compensation for the minerals extracted from their land.

This area has suffered immense environmental degradation…

Continue

Posted by Char on May 29, 2025 at 14:42

Not a member? Get our email.

Groups



© 2025   Created by Keith Mauck (Site Publisher).   Powered by

Badges  |  Report an Issue  |  Terms of Service