OTCPK:TLSMF - Post by User
Comment by
Crymaonon Jan 19, 2012 12:24pm
370 Views
Post# 19422196
RE: North Am Natural Gas
RE: North Am Natural Gas You make a good point, but actually the US natural gas storage numbers right now are much higher than they were a year ago at this time, and while one cold week will up consumption in the short term, you need a dreadfully hot summer followed by a dreadfully cold winter to really make a dent in storage numbers, especially in a climate of climbing north american natural gas production.
https://ir.eia.gov/ngs/ngs.html is the link to the weekly storage numbers. The stored nat gas supply is up almost 20% from the same week last year Perhaps nat gas prices could pop, and thusly drag TLM's price with them, but it likely won't last long term.
ps, first post! Just joined the forum.