Dejour Energy Inc. Ltd Ordinary Message Board

  • xliangwen xliangwen Jan 7, 2013 10:38 AM Flag

    Great data

    The heating degree days for the week ending 01/05/2013 is 236, it is 34.1% colder than last year and 6.3% colder than normal. This data will make sure that this coming NG storage report will be no longer record high. KOKO asset catches the right time!

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    • I hate to be negative. I live in Vermont and the weather here is going to be in the 40's this weekend. We had one week of very cold temps, but who knows if that will return. It's kind of a no win situation... If the temp is cold, the stock price MIGHT go up, but so will my heating bill.

    • As I expected three days ago, NG storage report is no longer record high. Actually it is 88BCF lower than last year storage. KOKO will shine soon.

    • US gas futures up 2 pct on colder long-term weather 01/07 09:39 AM

      * Front month remains above last week's 3-month spot low
      * Long-term outlooks start to call for colder weather
      * Cold should make for more big storage draws

      (Adds cash prices, updates futures prices)
      By Eileen HoulihanNEW YORK, Jan 7 (Reuters) - U.S. natural gas futures rose
      nearly 2 percent early on Monday, a second straight session of
      gains as long-term weather outlooks began to call for some
      colder weather late this month and in early February, traders
      said.
      Last week's larger-than-expected drawdown from winter
      inventories also kept momentum to the upside, despite some
      near-term milder weather that should curb heating demand in
      consuming regions of the nation.
      As of 9:35 a.m. EST (1435 GMT), front-month February gas
      futures on the New York Mercantile Exchange were at
      $3.339 per million British thermal units, up 5.2 cents, or just
      under 2 percent.
      The front-month contract fell to $3.05 last week, a contract
      low and the lowest mark for a spot contract since late
      September.
      In the cash market, gas for delivery at the NYMEX benchmark
      Henry Hub in Louisiana was heard early up 9 cents at
      $3.29 on light volume near just 161 million cubic feet.
      Early deals firmed slightly to 3 cents under the front-month
      contract, from deals done late Friday at a 6-cent discount.
      Gas on the Transco pipeline at the New York citygate
      , however, was heard early down about 40 cents at
      $4.40 on volume near 215 mmcf.
      The latest National Weather Service six-to-10-day forecast
      issued on Sunday again called for above-normal temperatures for
      about the eastern third of the United States, but below or
      much-below-normal readings for the rest of the country.
      Private forecaster MDA Weather Services called for
      below-normal readings for nearly the entire country in its 11 to
      15-day outlook.

 
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