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PowerShares DWA Technology Momentum ETF Message Board

  • mao_laotou mao_laotou Jul 24, 2003 11:45 AM Flag

    WKLY NG Injection vs. expected

    I posted Expected NG injection rate few weeks ago

    Refresh your what I posted here few weeks ago gain:


    6/27, actual:97, expected 99
    7/4, Actual: 111, expectd 110
    7/11, Actual: 93, Expected 104
    7/18 , Actual : 83 BCF, expected 79.3 BCF

    From the above number we can see that the average injection rate is a little smaller than the expected rate.

    Here are the expected injection rate for the next 4 weeks:

    7/25, Expecting 70.
    8/1, expecting 77.
    8/8, expecting 60
    8/15,expecting 76...

    If the actual injection rates matched or not much higher than the expected rate I posted here, we shall see big shortage of NG in this winter!! THe best guess is that we can only have about 3000 BCF NG when the winter begin which mean we can not even handle a normal winter. The only big hope for shorts like Original is to dream a very warm winter otherwise, they could get killed.

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    • Production of natural gas liquids decreased 6.8% from June 02 to June 03. Stripping less liquids raises NG production. One estimate was that the 6.8 % decrease in stripping would increase NG production by 3.5 Bcf to 5.6 Bcf per week. Do you have any info on this?

 
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