....A Bloomberg survey showed injection estimates ranging from 101 Bcf to 114 Bcf, with a median of 111 Bcf. A Reuters poll of 17 analysts had a wider range that included a low of 95 Bcf and produced a median injection of 106 Bcf. A Wall Street Journal poll’s results also averaged 106 Bcf, while Natural Gas Intelligence (NGI) projected a 109 Bcf build.And from the Energy Information Administration:
This compares with the 96 Bcf increase in storage recorded by the EIA in the same week last year and the five-year average build of 74 Bcf for that week....
for week ending May 1, 2020 | Released: May 7, 2020 at 10:30 a.m.
... Working gas in storage was 2,319 Bcf as of Friday, May 1, 2020, according to EIA estimates. This represents a net increase of 109 Bcf from the previous week. Stocks were 796 Bcf higher than last year at this time and 395 Bcf above the five-year average of 1,924 Bcf. At 2,319 Bcf, total working gas is within the five-year historical range....MUCH MOREFinally the reaction via the CME's NYMEX:
$1.916 down 0.028 (1.44%)
Filling that gap-up from May 1st would be a very good opportunity to enter or re-enter on the long side.