天然气: Supply/Demand

Supply: U.S. Natural Gas Production in August Rose 0.6% from July, see following article:

http://www.platts.com/pressreleases/2014/090914b

Average August 2014 gas production was 3.9 Bcf/d, or 6%, higher than the average in August 2013.

Currently, there are 443B inventory deficit compared to that of last year, under current supply with same weather of last year, the 443B inventory deficit will be erased by the end of this year, 3.9 Bcf/d * 120day = 468B.

Hedge funds reduced bullish wagers on natural gas to the lowest level in more than nine months as U.S. shale production surges to an all-time high.

http://www.bloomberg.com/news/2014-09-14/speculators-cut-gas-bets-to-9-month-low-on-supply-growth.html

Goldman Sachs Group Inc. and Barclays Plc cut their gas price forecasts for the fourth quarter and next year as the jump in shale production outpaces government estimates. Goldman Sachs cut its gas price forecast for the fourth quarter and for 2015 to $4 per million Btu from $4.25, Barclays reduced its outlook for the fourth quarter to $3.95 from $4.50 and for 2015 to $4.01 from $4.24.

Good Lucky!

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• They may just want cheap shares before -longhorn- ♂ (76 bytes) () 09/15/2014 postreply 07:07:19