Happy Storage Day
This morning, the EIA reported an injection of 92 Bcf for the lower 48 States in the US, in excess of the 80 Bcf consensus expectation. Last week, the EIA reported an injection of 50Bcf.
The June futures were down a bit before the announcement but came back up to unchanged since yesterday’s close.
NYMEX Rest of Summer strip was trading $2.36 US/mm and the winter was trading $3.45, both up a bit from yesterday. [WFG]