Another quiet day. The story is still unchanged: temperatures are warm, production is at record highs (March is on track to hit a record average output of 105.8 Bcf/d), and same with LNG feed gas demand (March is also on track to hit a record 15.7 Bcf/d of demand). Heating demand is starting to drop off as we properly enter shoulder season.

The expectation for the storage report for the week ending March 14 is a withdrawal of -3 Bcf, and Dawn has been seeing some injections this past week. Unless blocking suddenly causes a cold snap, injection season is right around the corner.