Natural Gas Glut -- April 18, 2019

Natural gas: US shale gas swamps market -- Bloomberg. Data points:

• natural gas futures tumbled to lowest level in almost three years
• soothes concern about a potential supply crunch next winter
• inventories are more than 30% below normal, they're poised to refill quickly

Graphic posted below.

Fill rate, link here. Look at the steep curve. And how early it turned.