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