CPC/NOAA 6-10 Day Outlook

Dec 3-9:  Chilly conditions will impact the Rockies and Plains the next few days with frosty lows of 10s to 30s, including 20s into N. Texas.  One system will exit the South and phase with a cool shot over the Northeast this weekend with rain and snow and locally cool conditions with lows of 20s and 30s.  A second milder system will track into Texas with showers this weekend.  However, the rest of the US will be quite mild, including the important Midwest region where temperatures will be 15-30F warmer than normal through next week Overall, national demand will be MODERATE the next few days then LOW late this weekend and next week.

 
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December 3:  Today’s EIA weekly nat gas storage report printed a draw of -1 Bcf, smaller than market expectations of -10 Bcf and quite a bit smaller than the 5-year average draw of -41 Bcf.  This decreased supplies to 3,939 Bcf and increased surpluses to +290 Bcf.  Next week should bring a larger draw and closer to normal due to a mix of mild and cold areas this past week.