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home / news releases / natural gas trading wind generation saves the bears

GAZB - Natural Gas Trading: Wind Generation Saves The Bears

Barclays Bank PLC
  • This Thursday, I expect the EIA to report 2,778 bcf of working gas in storage for the week ending August 6.
  • I anticipate seeing a build of 51 bcf, 9 bcf larger vs. the five-year average for this time of the year.
  • The latest numerical weather prediction models agree that TTDs should stay mostly above the norm.
  • Both the total natural gas consumption and the total demand should drop sharply from August 12 and trend lower until October.
  • Monitoring wind speeds is now just as important as monitoring the number of degree-days.

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Natural Gas Trading: Wind Generation Saves The Bears
Stock Information
Company Name: Barclays Bank PLC
Stock Symbol: GAZB
Market: NYSE
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