Jan 23-29:: Powerful winter storms continue across the western US with heavy rain and snow. However, east of the Rockies, conditions remain unseasonably mild with highs of 40s to 60s north, and 60s to 80s south, even with a strong weather system tracking across the southeastern US and then up the East Coast the next few days with showers and thunderstorms. A colder system will sweep out of the West and into the central and eastern US late in the week with a surge in demand to near or slightly stronger than normal levels after being below for nearly two straight weeks. Overall, nat gas demand will be LOW to VERY LOW through Thursday then increasing to MODERATE-HIGH.
Jan 19 EIA Report Temps vs Normal
EIA Nat Gas Report: Jan 19
Nat Gas In Underground Storage
January 19: Today's EIA nat gas storage report showed a draw on supplies of -243 Bcf vs the 5-year average of -170 Bcf. This puts total supplies at 2,197 Bcf. Supplies now stand at -77 Bcf smaller than the 5-year average, and 431 Bcf less then this time last year. Next week's report should be a much lighter draw and will be close to wiping out the surplus.
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