us ng injection and hh prices

It looks like the reduction in NG injections compared to last year is continuing with 20 BCF less injected than the same time last year EIA's estimate was 94 BCF compared to 114 last year....

HH spot and channel are now both over US$6.50 per mcf and with the exchange rate it gives PSA a little over A$9.50 per mcf.

If I remember correctly, last year there were some huge injections around this time of year and if the current trend continues, the price of NG should greatly benefit....

With US A NG at its current price and better yet to come, it is really hard to believe that PSA is so cheap............