March 8, 2024 Market Update

The NYMEX Summer 24 strip at $2.28 US/mmBtu and Winter 24-25 strip at $3.39 US/mmBtu are little changed from yesterday. The 6-10 day forecast is still predicting above average temperatures.

Yesterdays 40Bcf draw from storage was half of last weeks 96Bcf draw, but it was inline with consensus.

Have a great weekend.

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