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Author Topic: Natural gas prices up on better-than-expected inventory figures Back to Topics
greshams

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Cincinnati

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Message Posted: Aug 19, 2013 3:44:36 PM

The weekly natural gas storage report affects natural gas prices

Every week, the Energy Information Administration (EIA) releases data on how much natural gas is stored in facilities across the United States. These figures, also called “natural gas inventories,” can affect U.S. natural gas prices and therefore the valuation of producers of natural gas. A larger-than-expected decrease, or “draw,” in inventories can reflect greater demand or less supply (or both) and is a positive for natural gas prices (and vice versa for a smaller-than-expected decrease). A larger-than-expected increase, or “build,” in inventories can reflect less demand or greater supply, which is a negative for natural gas prices. Natural gas prices affect the earnings and valuation of domestic natural gas producers suc
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scu227
Champion Author New Haven

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Message Posted: Aug 20, 2013 8:28:01 AM

Now the speculators are going to start on natural gas too !!!!!!

SPECULATION, MANIPULATION and GREEEEEEEEEEEEEED !!!!!
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VMIJim
Champion Author Alabama

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Message Posted: Aug 20, 2013 7:17:20 AM

Just another example of Obama's refusal to get involved with any energy controls. The bottom line is that Obama has done nothing to control oil speculation/prices, reduce our dependence on foreign oil, or improve our economy. The sole agenda of Obama is to cater to his tree hugging, stimulus sucking, union dominated, ultra liberal major contributors. As a result, we continue to be screwed at the pump, with our utilities, & with our taxes. Nothing will change as long as Obama is in office & controls the Senate. 2014 Elections are coming - stop this madness!!
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2b0b
Champion Author Tulsa

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Message Posted: Aug 20, 2013 2:00:52 AM

So the price went up to $3.42. Five years ago it was above $13.
The current price and production are constrained by the lack of infastructure in some of the newer producing areas.
Companies like Rangee Resources and Markwest are building gathering lines and plants as quickly as possible, but hundreds of completed wells are still waiting for connections.
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GAS1251
Champion Author Texas

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Message Posted: Aug 20, 2013 12:41:54 AM

Same thing as gasoline- supply goes up, price rises.
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Vetteblu
Champion Author Denver

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Message Posted: Aug 20, 2013 12:22:00 AM

We will still get screwed no matter what.
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JohnofGB
Champion Author Flint

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Message Posted: Aug 20, 2013 12:19:43 AM

This is one commodity that should NOT be going up. There is so much of it, producers shut off valves because of low prices and they were not making enough.
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N4PIP
Champion Author Miami

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Message Posted: Aug 19, 2013 11:59:44 PM

Once they get us hooked on natural gas, the price will go through the roof.
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amerk73
Champion Author Dallas

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Message Posted: Aug 19, 2013 11:38:04 PM

bad
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esq262
Champion Author Asheville

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Message Posted: Aug 19, 2013 10:29:27 PM

It's going to continue to rise.
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davenles
Champion Author Texas

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Message Posted: Aug 19, 2013 10:23:13 PM

Weak excuse.
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Discovery02
Champion Author Colorado Springs

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Message Posted: Aug 19, 2013 10:10:58 PM

Any reason to raise prices... just like oil & gas prices.
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agrico
Champion Author New Orleans

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Message Posted: Aug 19, 2013 9:36:14 PM

tell me if the general price is going up or down yearly
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csblesson
Champion Author Texas

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Message Posted: Aug 19, 2013 9:19:06 PM

Speculators
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Zuegma
Champion Author Nova Scotia

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Message Posted: Aug 19, 2013 9:17:37 PM

To me it appears the prices are just following the historical pattern. So the article's "better-than-expected" forecast is sadly reflective of lack of basic article writing pre-research.
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Rayfuel
All-Star Author Houston

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Message Posted: Aug 19, 2013 8:41:58 PM

Market
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pleinyeux
Champion Author Montreal

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Message Posted: Aug 19, 2013 8:38:55 PM

A bad reason to rise
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velichita
Champion Author New Jersey

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Message Posted: Aug 19, 2013 8:38:08 PM

WTF!
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carrek
Veteran Author Seattle

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Message Posted: Aug 19, 2013 7:58:13 PM

They will probably figure out how to manipulate inventory to cause prices to rise.
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Lugi1967
Champion Author Ohio

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Message Posted: Aug 19, 2013 7:44:57 PM

Not a good reason to rise
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SUNOIL
Champion Author Toledo

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Message Posted: Aug 19, 2013 7:42:50 PM

Going the wrong way
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Snowball2013
Champion Author Yakima

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Message Posted: Aug 19, 2013 7:40:21 PM

Maybe gasoline will drop
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doggod
Champion Author Anchorage

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Message Posted: Aug 19, 2013 7:11:58 PM

I see the ignorati are still out in force.

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madison8359
Champion Author Cleveland

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Message Posted: Aug 19, 2013 7:11:02 PM

Supply doesn't indicate lower prices?
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nicven
All-Star Author Virginia Beach

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Message Posted: Aug 19, 2013 6:21:27 PM

Price = What ever the market can bear.
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ktbaeohana
Champion Author Las Vegas

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Message Posted: Aug 19, 2013 5:57:49 PM

watch and see.
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APlus
Champion Author San Antonio

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Message Posted: Aug 19, 2013 4:44:09 PM

Why do prices always go up so quickly even on good news?
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comprof
Champion Author Houston

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Message Posted: Aug 19, 2013 4:32:53 PM


Not much of an increase.
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underbird10
Veteran Author Atlanta

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Message Posted: Aug 19, 2013 4:30:59 PM

Increased by 65 bcf instead of 70 bcf and this implies greater demand?

Hogwash.
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humblepie
Champion Author Toledo

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Message Posted: Aug 19, 2013 4:26:27 PM

whataloadofcrap
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montpelier28
Champion Author Vermont

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Message Posted: Aug 19, 2013 4:17:13 PM

Manipulation of prices if you ask me.
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WestDriver
Champion Author Grand Rapids

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Message Posted: Aug 19, 2013 4:05:21 PM

Great. And let them export some of it. It will help the balance of payments.
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PathfinderSC
Champion Author South Carolina

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Message Posted: Aug 19, 2013 4:04:13 PM

That is no big surprise.
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