NYMEX Natural Gas Futures Contract June prompt month -US$0.122/MMBtu at $2.305, high of $2.41, low of $2.29, range of $0.12
Market Fundamentals Dawn Storage storage inventory is approximately 50 BCF greater versus this same time last year. Total inventories remain at 25% of the storage capacity overall. As the weather becomes less demand intensive and seasonal maintenance decreases as we move into the summer months, we will see more gas supply injected for the following year. As the storage is filled, the basis will start to compress between Nymex and Aeco moving through the summer. Happy June 23 trading. (RS)