Hi CeeJay,
Thanks for the update !!
Started to post before but the Monday early estimates started to come out.
Looks like a build of around 37 is a consensus at the moment. Some think that a print at that would be bullish. As the day went on, it looks like the bulls have gotten their horns into Ng Price and pushed it up !!!!
With K LTD on the 26th and the options expiring on the 25th the lead up to and response to this weeks report could prove interesting !!!???
I guess I am somewhat bullish with today's run up in price. Haven't seen anything on production cuts or rig counts recently, but Exxon earnings come out on the 26th I believe. May prove interesting if some production comments come with it ???
Appears the weather drought may curtail some fracking (check PA). You can get a better handle on that than I.
On This:
"I expect NG injections as reported on May 3rd will be significantly lower than average. "
What are you calling "average" here ??
Thanks and Good Luck,
Lee