Injection rare and EIA report Interesting post copied from another board:
"This weeks EIA storage report showed an 87 Bcf decrease to 3.29 Tcf – Very High level especially for this time of year.
But what is of significant interest is the weekly injection rate was 62% less than last year (-228 Bcf) – Huge decline and 46% below the five year average (-162Bcf).
So, it’s a demand side problem with the warm winter thus far. Suppliers are going to take care of this problem, the Rigs continue to leave, Haynesville in particular has seen a dramatic decline, and much of the completion back log has been worked thru."
MK