Natural Gas Inventory Report –

For the week ending February 26th, Natural Gas stockpiles fell 116 billion cubic feet.  This falls below expected declines of 128 to 132 cubic feet.  The price of Natural Gas is reacting with April contracts falling almost 20 cents by the early afternoon.  Next week may reveal a lesser draw on inventory due to warmer weather and a continued increase in rig counts.

To read a related article, please click here:

http://abcnews.go.com/Business/wireStory?id=10008848

 

Jim Sutliff

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