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Friday:  National demand will ease to much lighter levels late this weekend and next week as weather systems sweep across the much of the eastern ½ of the US w/highs of upper 60s to lower 80s, coolest across the Great Lakes and Northeast. It will still be hot next week over the West and Plains, including much of Texas, but not enough to counter cooler than normal temperatures over the eastern ½ of the US. The overnight weather data was mixed for August 7-12th but still hot enough as temperatures warm back over the East.   Overall, the GFS and EC remain to the bearish side for next week, but still bullish biased August 7-12th as widespread above normal temperatures return.   Nat gas prices being lower today likely are aided by national demand being lighter the coming 7-day.

 

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Latest News

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July 19, 2021, No comments

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