7-Day Precipitation Accumulation Forecast

Jan 18-24:  Demand will ease to Tue-Wed as a mild break holds across most of the US with highs of 40s to 70s besides the colder Upper Midwest and New England where frosty air lingers w/highs of 10s to 30s. National demand will surge Thu-Sat as a frigid Arctic blast advances across the Midwest and eastern US with snow and lows of -20s to 20s for very strong demand, aided by lows of 20s and 30s into the southern US. National demand will briefly ease late this coming weekend before another Arctic blast follows. Overall, national demand will be MODERATE Tue-Wed, then HIGH-VERY HIGH Thu-Sat.

January 13:   Today’s EIA weekly nat gas storage report printed a draw of -180 Bcf, slightly bullish to market expectations near -175 Bcf and a little larger than the 5-year average draw of -155 Bcf.  This decreased supplies to 3,016 Bcf and decreased surpluses to +72 Bcf.  Next week’s EIA weekly report is expected to show another larger than normal draw and the largest so far this winter season.

 
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