A little rally in the NYMEX to finish off the week. As of noon, the May front month is up 3 cents to $3.29 US/mm, and the rest of the summer is up about 5 cents. Although the storage report came in smaller than expected (an injection of +16 Bcf versus the anticipated +22 Bcf) which has a bullish influence, traders are probably also selling their position so that they can enjoy the long weekend with peace of mind.

Ontario’s temperature forecast has turned warmer, especially in the 11-15 day period, but the next few days will be warmer than normal too. Good news to those who want to spend some time outdoors this weekend (me).