Updates
April 27, 2019: see first comment -- we begin a "new year."
I hadn't even noticed that the sign had already changed on the year-over-year relationship. We now have 55 bcf MORE in storage than a year ago; 4 weeks ago we had 285 bcf LESS YoY. Last year was cool & withdrawals continued for the first three weeks of April.Later, 10:00 p.m. Central Time: it appears that "steep" slope is real. See first comment:
I haven't looked at the data this week yet, but last week I had the 92 billion cubic feet injection as the largest April injection ever, especially notable coming so early in the month, before the warmer late April weeks when the fill rate usually picks up. This week repeats that 92 bcf, so I would imagine we now may have topped the most ever added to storage in any April, and that's only as of the 19th, with 11 more days to go...That is truly amazing -- a huge shout-out to the engineers, geologists, and roughnecks. Be sure to follow "focus on fracking" for weekly updates.
Original Post
Link here.
