Robry's Supply Numbers Fall to a new Yearly Low

Robry's supply data for last week was the lowest since Feb of 08 (May of 08 had one bad week, but it was an exception). Thus production has fallen to a new low for the year and appears headed down. On the other side, the rig count appears to be headed up. While Value has not posted the data in a while, the rig counts have clearly bottomed.




Note: Both Value and Gasguy have not posted any numbers for this month, so I have estimated the numbers. My estimate is based on other data and is close to their last reported numbers.