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Gas storage levels - Week ending 03/14/08



March 20, 2008 – Comments (1) | RELATED TICKERS: KWKAQ , UNT

Total levels at 1313, -85 for week, 5-Year average 1284.This is turning very interesting....I've been reading a lot of reports about analysts revising their estimate models for higher gas prices...could this turn out to be a reality for 2008-2009?  I personally own two pure play natural gas companies (UPL & KWK).  I also own two drillers (PTEN & UNT)....they will prosper down the line if prices stay above $8-9 for the rest of year.









1 Comments – Post Your Own

#1) On March 20, 2008 at 1:45 PM, dwot (29.73) wrote:

The price decline halted investment and now the cold winter has used up some of the surplus.  I'm not sure if we are seeing sustainable investment or where investment is right now.  There is a lot of new activity since the fall which can push prices back down.

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