Production is still weak, LNG is returning to strength, but Power burn if falling off the seasonal cliff. South Central storage will not fill to the max, but it’s still going to be interesting. East appears to be catching up, currently at 87% of capacity. There is really nothing and everything to be excited about right now. Storage is at an extreme, production is at an extreme low, LNG is fast approaching extreme highs. It has all become the norm though… I’m still just patient here. My only hope today is that SLB stops falling like a rock.
It’s Monday, the market was up last night, and now down. It is too unknown at this point. Just hurry up and wait. I’ll be holding today and watching for any significant changes. Good Luck