The recent and upcoming mild spell has taken its toll on nat gas demand. When looking it at from a heating degree day perspective, you will note this winter has played out again quite mild, much like last year. The image shows accumulated HDD’s since Oct 1st. The top gray and blue lines are the 30-year average and also a cold winter (2013/14). The orange line is last winter, this year is the red line with the green extending off it as the forecast HDD’s over the next week being added. This year started much milder than normal, picked up momentum as several cold blasts arrived in December and early January where you see this year’s red line separate from the orange line from last year. However, the recent and coming mild spell will drop it right back to being on par with last year’s mild winter.