To sum up yesterdays close, we saw – interestingly enough – some bullish activity, but not to the point of a real market rally or anything of pressing note. Yesterday’s NYMEX front month of September futures closed at $2.828 US/MM, up exactly 2¢ from yesterdays close. In more interesting news, today is storage day! Reuter’s predicted an injection of +51 Bcf over this past week, but we saw an actual injection of +56 Bcf, again showing how strong production has been this year, as actual injections continue to exceed predicted forecasts. As of August 14, there is 3,186 Bcf of gas in the lower 48’s storage, which is up 6.6% from the 5-year average of 2,928 Bcf, but down from last year’s historic season by a margin of 2.4%. Over the last few weeks, the statistic comparing last years storage has continued to tighten over the summer, floating at about 7-5% under average, and as we near withdrawal season this number has continued to tighten, again just showing how strong production is as of now. As we end the trading day, we saw NYMEX close at $2.841 US/MM, indicating some bullish activity however the fundamentals still strongly lean towards bearish, as production and storage surge and temperatures make their way back down from the heatwave we saw on the Northeast of the US. (AA)