The NYMEX May 2024 prompt month rallied up to a high today of 1.924US/mm, a one month high. The Summer and Winter Strips are both up 2 cents.
According to a Barchart story, Lower 48 dry gas production was 98.5bcf/d on Tuesday, which is below the average in March. With prices at these low levels, no surprise that producers are cutting NG production. But even with the reduced production, estimates are for above average gas in storage at the end of injection season on Nov 1st. [WFG]