Yet another quiet day. Again, little change in the NYMEX natural gas futures prices, only drifting down a few cents. The April front month contract closed at $3.86 US/mm, and expires tomorrow. Today is the last day of options trading.

Also little change on the weather front, April temperatures are still expected to be near normal or above normal for the Eastern, Central and Southern US. However, Ontario is expecting an ice storm over the next few days; seems like we’ll need to wait a bit longer for truly nice weather.

Tomorrow’s storage report is expected to be an injection of +11 Bcf in the lower 48. Interestingly, if the reports of injections keep coming for the rest of March, there could be a NET injection over the whole month, which would be extremely rare for March. Stay tuned.