Thursday, February 13, 2025

Countdown to the EIA storage report

 10:26 - nothing   still nothing   nothing yet  whole lot of nothing...

10:28  I don't know why this report is a big deal.  It has no physics.  For your gas tank, you want to know how close to empty you are, whether you can go to Costco, or have to go the expensive place.  This report doesn't tell us anything useful, and it's never going to because 75,000 interns who know how to operate a computer are leaving the fed agencies.

10:30  can't look....  Looked, they are late.

10:31 still late  --can't they find anyone to plug the dang thing in?

10:32  so late  -- I'm going to half to take a coffee -- might be hours yet.

10:34 cleared my cache -- still late.

whoops, sorry, they date it weird.


Ha, ha.  this report is just up to Feb 7, BC, before the cold.  It means nothing.  Next week's report will show it scraping the bottom, and like I said, we have no idea what that inflection point means.  However, if they are -100 in a warm week, we can dream about this week.

The price of natgas has not fallen.  I still think it is zooming, because people can't be that stupid, can they?

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