EIA DISCUSSION ARTICLE

Featured Articles for Feb 09, 2010

Forecast & Analysis

Oil Rises Back Above 200-Day Moving Average: Technical Analysis

By Grant Smith Feb. 8 (Bloomberg) -- Crude oil rose back above its 200-day moving average after falling below this indicator for the first time since September 2008... Full Story

DJ MONEY TALKS: Commodities Stumble As Headwinds Mount In 2010

By James Campbell A Dow Jones Newswires Column SINGAPORE (Dow Jones)--In a conference call with clients last week, Barclays Capital said commodities had a "shaky" start to the year... Full Story

US Utility Stocks Could Look Attractive If Markets Stay Rough

By Brendan Conway Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)--Regulated utility stocks may sound unspectacular, but if the market stays this volatile that may be a blessing... Full Story

TALES OF THE TAPE: Stormy Waters Still For Oil Tanker Stocks

By Claire Rangel Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)--Oil tanker stocks had a buoyant start to 2010 as tanker freight rates spiked to 15-month highs, but recent... Full Story

EMISSION CRITICAL:Resistance Grows To California Climate Plan

By Cassandra Sweet Of DOW JONES NEWSWIRES SAN FRANCISCO (Dow Jones)--Less than a year before the nation's most aggressive rules to fight climate change are due to take effect... Full Story

Crude Oil May Decline on Increasing U.S. Supplies, Survey Shows

By Mark Shenk Feb. 5 (Bloomberg) -- Crude oil may fall next week as U.S. inventories climb and fuel demand lags behind year-earlier levels, a Bloomberg News survey showed... Full Story

Top Stories

US OIL ROUNDUP: Crude Up Amid Bargain Buying

[Dow Jones] Crude oil futures in NY rose Monday, despite strong USD, falling U.S. stocks, healthy inventories, driven by bargain buying. March Nymex crude settled up 70 cents, or 1%, at $71... Full Story

Rescuers Comb Kleen Energy Connecticut Plant After Fatal Blast

By Jeran Wittenstein and Christopher Martin Feb... Full Story

Two dead in Connecticut gas plant explosion

MIDDLETOWN, Conn (Reuters) – At least two people were killed and dozens injured on Sunday when a massive explosion rocked a gas power plant under construction in Connecticut,... Full Story

US Oil Fund says not to blame for big price swings

US Oil Fund says not to blame for big price swings NEW YORK, Feb 5 (Reuters) - United States Oil Fund (USO... Full Story

Baker Hughes: US Oil, Gas Rig Count Up 18 To 1,335 This Week

NEW YORK (Dow Jones)--The number of rigs drilling for oil and gas in the U.S. climbed this week as producers continued to ramp up output amid higher prices... Full Story

Oil Triggers Commodity Selloff As Recovery Hopes Dim

By Brian Baskin Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)--A steep drop in oil futures triggered fresh losses across the commodities spectrum Friday, as investors nervous... Full Story

Financial

US GAS: Futures End Lower As Market Eyes Spring, Ample Supplies

By Jason Womack Of DOW JONES NEWSWIRES HOUSTON (Dow Jones)--Natural gas futures reversed earlier gains and ended lower Monday as traders weighed forecasts for cold weather... Full Story

OIL FUTURES: Crude Rises, Gains Limited By Economy Doubts

By Brian Baskin Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)--Crude futures edged higher Monday as buyers braved an uncertain economic outlook to snap up oil at its cheapest... Full Story

Natural Gas Falls to Lowest in a Week on Signs of Ample Supply

By Reg Curren Feb... Full Story

Oil Rises From Seven-Week Low on Forecast for More U.S. Storms

By Margot Habiby Feb. 8 (Bloomberg) -- Oil rose for the first time in four days as the U.S... Full Story

US GAS: Futures Climb On Forecasts For February Cold Spell

By Jason Womack Of DOW JONES NEWSWIRES HOUSTON (Dow Jones)--Natural gas futures climbed Monday on forecasts for cold weather over the next few weeks and expectations for a jump... Full Story

OIL FUTURES: Nymex Crude Inches Higher, Strong Dollar Weighs

By Brian Baskin Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)--Crude futures rose slightly Monday, as the flight out of commodities and equities that knocked oil prices down 7... Full Story

Releases

PetroQuest 2009 production declines, doubles 2010 capex

Feb 8 (Reuters) - PetroQuest Energy Inc's (PQ... Full Story

DJ US OIL INVENTORIES SURVEY: Crude Inventories Seen Higher

NEW YORK (Dow Jones)--U.S. crude oil and gasoline stocks are expected to increase in data due Wednesday from the Department of Energy, according to a Dow Jones Newswires survey of analysts... Full Story

Frontier Expects Lower Feb Output At Kansas, Wyoming Plants

NEW YORK (Dow Jones)--Frontier Oil Corp. (FTO) will be processing less crude oil at its refineries in El Dorado, Kansas, and Cheyenne, Wyo... Full Story

US Agency Rejects Conoco Permit For Alaska North Slope Bridges

SAN FRANCISCO (Dow Jones)--Federal regulators have denied a request by U.S... Full Story

Schlumberger Names Kibsgaard Chief Operating Officer

By David Wethe Feb. 8 (Bloomberg) -- Schlumberger Ltd... Full Story

Valero says Quebec FCC out several weeks

NEW YORK, Feb 8 (Reuters) - Valero Energy Corp (VLO... Full Story

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NATURAL GAS STORAGE*
EIA report for week ending 2/9/10 Our prediction for week ending 2/29/10
2,406 --
Weekly change
-115 down -- downest

Commodity Prices ($)

Natural Gas5.620
Crude Oil71.05
Heating Oil1.8817