Natural Gas Storage Report - Sept 27

[dan_s]

Working gas in storage was 3,576 Bcf as of Friday, September 21, 2012, according to EIA estimates. This represents a net increase of 80 Bcf from the previous week. Stocks were 296 Bcf higher than last year at this time and 282 Bcf above the 5-year average of 3,294 Bcf.

Slightly bearish but November contract on NYMEX is up 8 cents to $3.29/mmbtu since the release.

We are now past the point where storage will fill prior to winter heating season start.

I do like CRK at today's price. I also like GST pfd stock.