CPC/NOAA 6-10 Day Outlook

March 2-8:   A weather system with showers will sweep across Texas, South, and Southeast the next few days but still mild with highs of 50s to 70s. A colder system is exiting the Northeast with chilly morning lows of 10s to 30s. The rest of the US is mild with highs of 40s to 70s. After a mild break over the East mid-week, another cold shot w/rain and snow will arrive Thu-Sat w/chilly lows of 0s to 30s and highs of 20s to 40s for stronger demand, although countered by mild to warm conditions over much of the rest of the US with highs of 40s to 70s

 
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February 25:  Today’s EIA weekly nat gas storage report printed a draw of -338 Bcf, a little larger than market expectations of -332 Bcf.   This decreased supplies to 1,943 Bcf and flipped surpluses of +57 Bcf vs the 5-year average to deficits of -161 Bcf.  This was the second largerst draw on record.  Next week should bring a much smaller draw but still larger than the 5-year average.