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Friday, December 3, 2010

Weekly Gas Storage


Here we go...the start of the gas withdrawal season.
We're still above the 5 year average of 3,467 BCF at 3,814 BCF.
My guess is that we are a long way from a TCF in storage with the fervor of activity in the Eagleford, Haynesville, and Fayetteville shales. No droppoff of activity here even with oil trading at 20x the gas price.

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