RE:U is the trade regardless of what today's inventory reports,I think it is too early. NG prices are still exposed to more downside in the coming weeks. The injection builds are substantially higher than last year and 5 year averages. This means the supply is cranking out at a much higher rate than previous years and versus what can be consumed, even as we enter the winter months. NG is up today as winter investors are beginning to enter on prospects of cold weather. The issue, supply is still to large to start meaningful draws on inventory. It maybe several weeks yet before the first winter draw despite some colder weather. The question is, are people getting in too early? There might be some frustration in the coming weeks that even with colder weather ramping up inventory is still building, as we wait patiently for that first winter draw. At the current supply rate we will need a very cold winter and sooner rather than later.