7-Day Precipitation Accumulation Forecast

  June 18-24: A messy pattern continues across the country with numerous weak weather systems/fronts producing scattered showers and thunderstorms. It will be comfortable across most of the northern and interior US with 70s and 80s, while very warm to hot around the periphery with 80s to 100s for the West, 80s to 90s across Texas, the South, and Southeast, and very warm up the Mid-Atlantic Coast with 80s to 90s. This weekend will bring a cool shot to the Rockies, while next week will bring strengthening high pressure across the southern 2/3 of the US with increasing coverage of hot 90s and 100s. Overall, demand will be LOW increasing to MODERATE this weekend and next week.

June 13:  Today’s EIA weekly nat gas storage report printed a build of +102 Bcf, slightly smaller than market expectations around +105 Bcf and modestly bigger than the 5-year average of +92 Bcf.  We were near exact with our estimate of +101 Bcf.  The build increased supplies to 2,088 Bcf and modestly improved deficits to -230 Bcf.    Next week is expected to show yet another build near or over +100 Bcf, further improving deficits towards -200 Bcf.

 
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