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To: CommanderCricket who wrote (83718)4/28/2007 9:43:12 AM
From: quehubo  Read Replies (1) | Respond to of 206338
 
I expect about 6-8 weeks of alarming injections with production higher than last year as well as LNG imports. But once and if we have some normal and above normal weather we will see why strong injections are required.

Power generation will cause large spikes in demand in the Summer as well as the Winter.

I raised a little more cash this week. The oil side is going wild, but a cool Summer could be quite painful.



To: CommanderCricket who wrote (83718)4/28/2007 12:04:30 PM
From: GaAs52  Respond to of 206338
 
Someone noticed coming injection numbers.

CC, you were complaining a lot about WS not paying attention to some numbers. I guess you are right. -;)

They are drunk with a 18 bcf injection in a cold April week now (vs 55 bcf historical).



To: CommanderCricket who wrote (83718)4/28/2007 2:28:36 PM
From: GaAs52  Respond to of 206338
 
What is most interesting in Robry data is the 13.4 bcf injection value on Monday, which is typical day of the week for increased ng demand. This is equivalent of 100+ bcf weekly injection without weather extremities.

Last year, we had only "one" "91" injection until spring vs 5-year average of five 90+ injection. Absent some weather extremities, we will easily see some quite a few 100+ bcf injection before the peak of summer arrives.

Again the current ng story is all about "weather" and the "fear" of extreme weather.
Patiently waiting for the fear of "normal" weather arrive.

And this forecast looks like more normal than extreme.

cpc.ncep.noaa.gov