RE:RE:unlikely we will see NG below $4.5 per Mcf this year I think the risk is a summer that doesn't show up. A hot summer will put a lid on injections and we definitely will have trouble refilling storage. But spring has been taking it's time. We've not had any 90 degree days let alone a heat wave. Usually by this time we get some sort of wakeup call. It is "comfortable". Occasionally it is uncomfortably cool. Hot is few and far between so far.
That can change in a flash. But maybe lingering ice on the Great lakes has something to do with it.. In any event-- the east coast and NYC isn't thinking HOT summer right now.