After being delayed for a few hours, the storage report for the week ending April 25 came in as an injection of a whopping +107 Bcf, much more than the expected +89 Bcf. Taking a look at the EIA’s chart of working gas in the lower 48’s storage, injection season appears to be well underway. Interestingly though, despite this bearish news, the market rallied in the afternoon. The rest of the summer strip in the NYMEX increased by about 15 cents, the June front month contract settled at $3.47 US/mm. Once again, the sell-off this April has been very strong, and it’s only natural to see a bounce.