Painted Pony Pete Ltd PDPYF

Storage report

[topdown99]

ZERO injection , lol

[topdown99]

Correction , ca.investing.com had the injection listed as 0 bcf but now I see they made a correction to 26 bcf injection

[Kramerkarma]

even 26 is SUPER BULLISH! I looked at your data of ytd builds (but on a graph with the last 5 years builds) via RonH on twitter. Were dead middle . And the lower injection years simply started injecting later so winter was longer the rates of injection wernt "unusually small" so were 7BCF less a week (or 1BCF/D) under supply .... during lockdown, with gas production barley holding ground

[topdown99]

Well kramer , you know NY traders (small isn't small enough) . But further to the figures I put up a few days ago , since March 12th 2020 injections are 170 bcf lower than 2019 . The gap keeps shrinking on storage (current to historical) and the longer NYMEX takes to appreciate this , the more consumers will pay this winter .

[Kramerkarma]

in a way we should thank them... keeps power burn up ,exports up (more than higher prices) , production down. Who knows if it was 2.25us all year mabey a few more rigs and BCF woulda been kept online . Or stalled decline till later. This low price is making it sure money.

[topdown99]

Well kramer , you should send a thank you note to NYMEX traders as they are doing it again , lol . NYMEX nat gas futures (Sept) are down 11 cents on a 26 bcf injection , seriously ???????  They are only deepening the crisis coming this winter 

[TouchDown12]

NYMEX traders like crisis.... that is the volitility they need to make money on price dislocation. tough for investors when it goes against you  - but when it is for you..... look out. I think the elastic is just beginning to get tightened for this winter (as many of you have stated). TD12

[topdown99]

Too true TD12 , chaos is cash . The inequity is that NYMEX traders make the money and consumers pay the price .