01
May

Thursday Night Gas Storage Review + Supply Graph Update

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Commodity Watch: Natural gas tumbled following a larger than expected build. The EIA reported an injection of 86 Bcf, I was looking for a range of 80 to 85 Bcf and the Street Consensus was 70 Bcf. June contract gas closed down $0.28 at $10.56. It appears that increased supply is finally starting to present itself in the form of accelerated injections into storage. I'll add some more thoughts on imports and exports over the weekend.

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Natural Gas Supply Up 5.7 Bcfgpd YoY. Biggest gains in Texas---

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