It’s a sunny Friday afternoon here in Toronto, and the market is relatively quiet on gas but much stronger on oil. NYMEX was up just $0.01 USD/MMBtu on the day, while Dawn gained $0.12 CAD/GJ. WTI was the larger mover, rising $4.41 to $98.89 USD/b as of 2:00 pm. In Ontario, net imports fell to 3,530 MMcf/d and St. Clair receipts moved lower, while TransCanada Energy Mainline volumes continued delivering small amounts into Union Gas. Dawn balances also loosened and storage injections improved, reflecting a market that is continuing to normalize as the region moves through the seasonal transition. Pipeline maintenance remains an important item to watch heading into next week. (JM)

