NYMEX Natural Gas Futures Contract Prompt month May23 -US$0.14/MMBtu at $2.18, high: $2.197, low: 2.03, range: $0.145. | Summer 2023 +0.127 at $2.43, Winter 2023 $-0.098 at $3.44

Market Fundamentals Producers budgets are cutting their focus on Natural Gas with a focus on crude oil. Overall drilling is down based on the higher than average costs due to the current inflationary climate. Market continue to move somewhat sideways from one day to the next. Happy Passover and Easter to all. (RS)

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