date:Aug 16, 2022
August. Its an interesting time. We had some hot, humid weather at the start of the West side deal in early July which caused our fields to come on early. So we had limited supplies in July for a week or two and other shippers also had lighter supplies, he says. There was a time where demand was pretty good because supplies were low. Now suddenly in August, everybody has more supplies on hand and demand has gone down so its a perfect storm where good supplies and low demand mean prices are down.