Net injections match the five-year average.
Net injections into storage totaled 90 Bcf for the week ending October 5, which is the same as the five-year (2013–17) average net injections and higher than last year's net injections (81 Bcf) during the same week. Working gas stocks totaled 2,956 Bcf, which is 607 Bcf lower than the five-year average and 627 Bcf lower than last year at this time.
So with mild autumn, providing last week's similar storage injection of 98bcf, storage is 20% below last year. But the price has risen again: HH is up to$3.37c.
On another note, I would have liked to receive an announcement of the status of Hummer in terms of the recent activity of the HC Michael.
PSA Price at posting:
13.0¢ Sentiment: Buy Disclosure: Held
