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GasBuddy News Article

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Natural Gas Soars as Investors Focus on Lower Supplies

Dow Jones Newswires -- Natural gas futures jumped 4.4% Thursday after the first weekly increase in U.S. natural-gas stockpiles this year failed to meet analysts' forecasted rise.

The U.S. Energy Information Administration said domestic inventories of natural gas rose 31 billion cubic feet in the week ended April 12, the first increase in storage levels since December.

Analysts and traders widely expected a rise in stockpiles after lingering winter weather last month pushed back the first increase of the year from March, when gas in storage typically starts to go up.

However, the size of the increase was smaller than the 33-bcf injection that a Dow Jones Newswires survey of analysts and traders had predicted.



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Submitted Apr 19, 2013 By: RENEGADEGAS
Category: Daily News Article Discussions > Topics Add to favorite topics  
Author Topic: Natural Gas Soars as Investors Focus on Lower Supplies Back to Topics
REPLIES (newest first) Post a Reply
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yyc2yow
Champion Author Ottawa

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Message Posted: Apr 20, 2013 12:29:18 AM

of course
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oldred11
Champion Author Indianapolis

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Message Posted: Apr 20, 2013 12:18:12 AM

What happened. A few months ago we couldn't find enough places to store all the excess natural gas.
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bikechuck
Champion Author Indianapolis

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Message Posted: Apr 20, 2013 12:11:39 AM

Investment data, maybe worthwhile for the trader and maybe some relation to energy costs but of not much value for the individual buying energy. More CNG vehicles would result in higher prices for NG.
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jkpsr
Champion Author New Jersey

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Message Posted: Apr 20, 2013 12:06:09 AM

The speculators win again!
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geoutpb
Champion Author Midland Odessa

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Message Posted: Apr 20, 2013 12:05:31 AM

Low prices have keep fewer rigs from drilling for natural gas only.
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Rageagainsttm
Champion Author Tampa

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Message Posted: Apr 20, 2013 12:05:03 AM

It's all greed
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obimerrill
Champion Author Cincinnati

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Message Posted: Apr 20, 2013 12:04:49 AM

Greedy speculators!
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Rageagainsttm
Champion Author Tampa

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Message Posted: Apr 20, 2013 12:04:38 AM

Not sure about natural gas
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speedraider
Champion Author Orlando

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Message Posted: Apr 20, 2013 12:04:03 AM

greed
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kobes1
Champion Author Florida

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Message Posted: Apr 20, 2013 12:03:37 AM

Greed baby
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skybiker
Champion Author South Carolina

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Message Posted: Apr 20, 2013 12:02:28 AM

Who the H*** are analysts?
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clermont40miles
Champion Author Cincinnati

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Message Posted: Apr 19, 2013 11:56:00 PM

Was bound to happen since suppliers cut back because no money to be made. They are making it now and supply will likely ramp up to cash in.

Reaching a balance. Unfortunately exports cause competition and raise domestic prices. That is one thing I don't like.
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ldiggy
Champion Author Wilmington

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Message Posted: Apr 19, 2013 11:54:57 PM

SPECULATION PER USUAL!!!
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rickone
Champion Author Detroit

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Message Posted: Apr 19, 2013 11:53:44 PM

Inflation?
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billwho
Champion Author El Paso

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Message Posted: Apr 19, 2013 11:51:20 PM

I still thinki the EIA is into hedge funds. This is one agency joe customer could go without!
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satrn38mpg
Champion Author Raleigh

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Message Posted: Apr 19, 2013 11:47:15 PM

we still need better alternatives >>
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smoketown
Champion Author Cincinnati

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Message Posted: Apr 19, 2013 11:45:52 PM

No price deductions here.
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fenster66
Champion Author Pittsburgh

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Message Posted: Apr 19, 2013 11:42:39 PM

and yet prices keep rising...
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Liv43kids
All-Star Author New Jersey

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Message Posted: Apr 19, 2013 11:41:55 PM

OKAY
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crmedic
Champion Author Arkansas

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Message Posted: Apr 19, 2013 11:41:38 PM

The supply is much greater than the demand, yet they still find a way to screw the public.
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rf6480
Champion Author Miami

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Message Posted: Apr 19, 2013 11:40:06 PM

they are going to get you money one way or another
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bvrbill
Champion Author Eugene

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Message Posted: Apr 19, 2013 11:39:12 PM

There is plenty of gas. It is all market manipulation.
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vibdata
Champion Author Massachusetts

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Message Posted: Apr 19, 2013 11:38:47 PM

Speculation rules the day. Again.
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mstearno
Champion Author Dayton

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Message Posted: Apr 19, 2013 11:36:19 PM

where's factless rob and his conspiracy theories?
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eagle_scout
Champion Author St. Louis

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Message Posted: Apr 19, 2013 11:35:22 PM

hmmmm
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Harry813
Champion Author Iowa

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Message Posted: Apr 19, 2013 11:34:50 PM

A good thing will not last forever.
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wz
Champion Author Twin Cities

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Message Posted: Apr 19, 2013 11:34:26 PM

The analysts still can't predict the future (or the weather). That' a risk you take when speculating in the markets.
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CdnLynx
Champion Author Ontario

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Message Posted: Apr 19, 2013 11:33:24 PM

Russian Anya -
Plse stop stuttering, your filling the pages needlessly and that only inhibits any meaningful dialogue, considering there is only a 4 page history!
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Gas4Gore
Champion Author Detroit

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Message Posted: Apr 19, 2013 11:24:53 PM

Okay.
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texasvet
Champion Author Texas

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Message Posted: Apr 19, 2013 11:20:17 PM

Good. That'll get them drilling for gas again.
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wayoung56
Champion Author Alabama

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Message Posted: Apr 19, 2013 11:18:24 PM

Hmmm...
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Carol7777
Champion Author Houston

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Message Posted: Apr 19, 2013 11:17:05 PM

Hope this doesn't make auto manufacturers go back on their plans.
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OGW
Champion Author London

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Message Posted: Apr 19, 2013 11:15:44 PM

A good source as a heating and industrial energy source but a poor fuel source for vehicles! If they push it more for vehicles than it will really climb higher!
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gass12
Champion Author Omaha

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Message Posted: Apr 19, 2013 11:12:07 PM

Natural Gas is still the answer.
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pgerassi
Champion Author Milwaukee

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Message Posted: Apr 19, 2013 11:11:29 PM

Baloney.
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rjoeh
Champion Author Michigan

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Message Posted: Apr 19, 2013 11:09:13 PM

The percentage of growth is a factor of the initial quantity. If the initial quantity is larger... it takes more new growth to get the same percentage of growth the next time and when you forget that simple mathmatic truth... you do not hit your dream targets.
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WTLITNG
Champion Author Virginia

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Message Posted: Apr 19, 2013 11:09:05 PM

Must have been taken over by an oil company.
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Hop1LA
Champion Author Baton Rouge

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Message Posted: Apr 19, 2013 11:08:39 PM

One reason not to jump on the natural gas bandwagon.
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hcivic
Champion Author Virginia

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Message Posted: Apr 19, 2013 11:08:21 PM

oh great, now we have to start on this
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MahopacJack
Champion Author New York

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Message Posted: Apr 19, 2013 11:07:42 PM

4.4% from a very low base is meaningless.
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BREW9
Champion Author Tampa

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Message Posted: Apr 19, 2013 11:05:46 PM

ok
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us4usa
Champion Author Missouri

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Message Posted: Apr 19, 2013 11:04:15 PM

Time to play with NG prices...
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flyfast
Champion Author Kansas City

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Message Posted: Apr 19, 2013 11:03:38 PM

made up forecasted
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abcdMA
Champion Author Worcester

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Message Posted: Apr 19, 2013 11:02:30 PM

the end of the cheap energy for now
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alsal55
All-Star Author Twin Cities

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Message Posted: Apr 19, 2013 10:44:04 PM

What do you think is "Natural" about Natural Gas?
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barbs24
Champion Author Virginia Beach

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Message Posted: Apr 19, 2013 10:42:07 PM

We wait ...
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OnABudget1
Champion Author Salinas

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Message Posted: Apr 19, 2013 10:42:05 PM

Hmmm
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greshams
Champion Author Cincinnati

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Message Posted: Apr 19, 2013 10:41:36 PM

just wonderful, now we get to look forward to high prices for winter.
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1Casey
Champion Author Albany

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Message Posted: Apr 19, 2013 10:40:40 PM

Can you believe any of this ?
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jcallaw
Champion Author Houston

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Message Posted: Apr 19, 2013 10:38:38 PM

ok....
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