7-Day Precipitation Accumulation Forecast

Aug 5-11: An unseasonably cool air mass continues to bring comfortable highs of 70s to lower 80s to the east-central US, Midwest, and Ohio Valley for light national demand. Regionally hot conditions continue across the West and southern US w/highs of 90s to 100s. Very warm conditions will push into the central and northern US this weekend with highs of upper 80s to lower 90s from Chicago to NYC, while hot most elsewhere besides the Northwest, increasing national demand to high levels.

 
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July 30:  Today’s EIA weekly nat gas storage report printed a build of +26 Bcf, inline with market expectations but slightly under the 5-year average of +33 Bcf.  This held marginally decreased surpluses to +429 Bcf and pushed supplies to over 3,241 Bcf.  Next week’s build will likely be slightly larger than this week but still one of the smallest builds of the summer due to hot conditions across much of the US besides portions of the northern US/Midwest.