Rigs Don't Matter -- Laying Down Rigs, Shutting In Wells, And Still It Rises .... Natural Gas -- May 30, 2020

Natural gas fill rate, link here. Look at these numbers, simply staggering. And this comes despite the industry "shutting down" as fast as it can:

• working gas storage: an increase of 109 BCF from the previous week
• working gas storage: an increase of 42% year-over-year
• working gas storage: an increase of 19% over 5-year-average (and the 5-year average keeps increasing)
• week-over-week increases:
• total: 4%
• east: 7.5%
• midwest; 5%

The weather has been incredible. No evidence of global warming that would necessitate increased a/c, and no really cold weather that requires natural gas. Also, with everything shut down, the large retail sector is not using energy to heat/cool their stores. 

A musical interlude. For those who may have missed my earlier posts on the viola da gamba:

Bach's Sonata For Harpischord and Viola da Gamba in G Minor, Lucile Boulanger, Arnaud De Pasquale