Magic

[PDC ™]

Natural Gas --- came in in-line ... its a short imo

SAN FRANCISCO (MarketWatch) -- Natural-gas futures on Thursday pared some losses after the U.S. Energy Information Administration reported that supplies of natural gas dropped 230 billion cubic feet for the week ended Jan. 24. The drop was within market expectations as analysts surveyed by Platts forecast a decline of between 228 billion cubic feet and 232 billion cubic feet. Total stocks now stand at 2.193 trillion cubic feet, down 637 billion cubic feet from a year ago and 437 billion cubic feet below the five-year average, the government said. March natural gas NGH14 -5.11% was at $5.20 per million British thermal units, down 27 cents, or 4.9%. It was trading at $5.13 before the data