Update II "Natural Gas Shrugs Off Lower Than Expected Storage Withdrawal, Moves Higher"
Original post:
Today the futures are acting as if a large injection into storage is expected, after yesterday's 2.2% upmove:
$4.2560 last, down from yesterday's $4.321 settle.
I'm thinking longs will get a shot as the blob of very, very cold air heads to the NYMEX.
The bottom map shows anomalies i.e. departures from average with some areas of the upper midwest and Ohio river valley clocking in at 20-25 degrees below normal: