We finally got in 70s, below all recent week above 80.
Stocks stood at 2.63 tcf.
The gap continues narrowing, currently 490 bcf and 518 bcf, or 15.7% and 16.5% lower than last year and 5-year average respectively.
Still the decent cushion supports NG prices. Futures spiked shortly as high as $4.1 after the report released, currently stood at $4.05, up 5 c.
Btw yesterday's close at $4.0 was for the 1st time since mid July.
We'll see if above 4 would hold. If it would, there would be a good chance for rising to 4.2 and 4.3 in the next 2-3 weeks. A lot will depend on inventories so.