Directly from EIA Total 3,432 3,594 -162 -162 3,778 -9.2 3,832 -10.4 ,,,,, 9.2% lower then last year and 10.4% lower then the 5 year average, show us your EIA data
lets forget the chart talk and stick with a simple question I asked, can you produce the pipeline information? I am only interested in the pipeline information based on your post and where you received that information. It is your post and if its your decision if you want to produce it.
Your UNG roll dates are correct, but backwardation adds value to UNG which is happening, it happen last month and it looks real good to happen again, its contango that takes more value away from you,,,, Most futures contracts typically trade in contango, which means that prices on long-delivery contracts exceed short-term delivery or spot prices. However, oil and gasoline historically have often done the opposite, which is called backwardation. When an ETF systematically rolls backwardated contracts, it can add small increments of return called "roll yield," because it is rolling into less expensive contracts. Over time, these small increments add up significantly, especially if backwardation continues.
Their were 2 highs in the 18`s Nov 6th and Nov 20th and you haven't been making the correct calls, and your post Prophetic is so far off its unbelievable, The current price of NG is 4.35, UNG is in the January contracts, a 75 cent drop in NG would put UGAZ at 8.80 a share, support is 4.25 and bottom is 4.09 with maximum pain at 12.90 for UGAZ, I explained to you already that NG at this time of year creates a ascending triangle, you may consider looking at last years char and the year before. Now the reason I would like this pipeline information is because HAL is the largest pipeline owner in the U.S, they get paid based on each barrel of oil that goes through there line, and they get paid for NG going through there line, and it has nothing to do with oil or NG prices and HAL is tanking and NG and oil drillers are closing down in the Bakkens
thouchartist • 2 hours 12 minutes ago Flag
More Prophetic Stuff
We're gonna gap right down to UGAZ 14, go through it and keep going to 10.25. Nat Gas is going to break thru weak support at 4.10 and go to 3.60. Blue if 4.0 holds I concur. Don't think it's gonna.
your source of information would be nice, I put up the EIA report, we are 9% below the 5 year average and 10% below last years average, so I would be real interested in the pipeline supply news and curious who decided to pump more NG, thanks in advance
Rig count for NG has dropped and oil and gas producers are shutting down in the Bakkens for the winter, they claim its no longer worth keeping operations going, only companies that can afford to shut down and resume operations in spring are doing this. Some of your best buys are in oil and gas companies working in the Blakkens, just look at AMZG since they decided to close down for the winter, the stock is a 1.25 a share with 2 buy ratings and 1 downgrade from buy to hold, a 400 percent profit can be made by net July. With rigs cutting back you will see higher withdrawals.
Storage is at 3.4 trillion, minus 140 BCF a week times 3 would put us under 3 trillion, I am basing it 3 more reports
Working gas in storage was 3,432 Bcf as of Friday, November 21, 2014, according to EIA estimates. This represents a net decline of 162 Bcf from the previous week. Stocks were 346 Bcf less than last year at this time and 400 Bcf below the 5-year average of 3,832 Bcf.
So they just pick a stock and delist it without any investigation is what your saying? A stock only gets delisted after a investigation. You have a different might have different rulings then us.
Only if they commit fraud and here is what the SEC is checking into, Reuters reported Monday that Petroleo Brasileiro Petrobras SA (ADR) (NYSE: PBR) is also being investigated by the U.S. Department of Justice, which looks into the potential violation of the U.S. Foreign Corrupt Practices Act........ fraud is corruption I think hehehe, longs and shorts lose all their money in a delisting
red_tsar • Sep 17, 2014 12:19 AM Flag
Yammering on about race behind your keyboard, on a forum meant for discussing National Bank of Greece. Yet doing nothing in the real world to try to effect the change which you purportedly cherish. There's a term for people like that. I guess all of these theories have been bottled up inside of you for so long, because you are too cowardly to speak these ideas in public, so they projectile vomit out like a tourettes attack, in the most inappropriate of places.