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Msg  224522 of 259392  at  3/28/2012 9:05:21 AM  by

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 In response to msg 224518 by  normlasky
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Re: Norm - SWN

  I'm guessing we're going to see a sizable drop in storage next month  >>
 
Do you mean gas supply dropping (as opposed to storage)?  Because I don't think storage has ever dropped during April - it's shoulder season when demand for gas is lowest due to the not-too-hot not-too-cold weather.  
 
I used to track NG pretty closely.  The thing to watch in the short-term is the backlog of wells that have to be completed.  The drilling has slowed down considerably, but, they were drilling at such a pace that there are drilled wells that are just waiting to be hooked up to the pipelines.  When that backlog dries up (in a few months, at the present rate), I think you will see a sudden drop in supply.  But I don't see this happening next month.  


 
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Msg # Subject Author Recs Date Posted
224527 Re: Norm - SWN normlasky 3/28/2012 9:30:41 AM


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