On Tuesday morning, Genscape reported to Natural Gas Basis Report clients a 83 bcf injection. The injection in the east showed that this year would likely be an analogue of 2011. The 5 bcf/d increase in storage injection is mostly due to demand drop with warmer weather. Imports into the east from producing region decreased by about two bcf per day. Canadian imports in to the East had been increasing in the past few days and the effect will appear in WE 5/9.
How did you fare this week? What do you see on the horizon for next week?
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