CPC/NOAA 6-10 Day Outlook

  Aug 22-28: Strong high pressure will dominate the western and southern US w/highs of 90s to 100s, hottest from California to Texas for strong demand. High pressure will continue across the East today with highs again warming into the upper 80s to near 90°F as far north as NYC, then cooling Friday through the weekend as a weather systems brings showers w/highs of only 70s to lower 80s. A brief warm up is expected over the southern and eastern US early next week for a bump in national demand, followed by additional weather systems w/cooling. Overall, national demand will be HIGH today then easing to MODERATE through next week.

 
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August 15:  Today’s EIA weekly nat gas storage report printed a build of +49 Bcf, smaller than market expectations at +58 Bcf and right in line with the 5-year average.   The build increased supplies to 2,738 Bcf.   Next week’s build is expected to be slightly larger vs normal to further improve deficits to near -100 Bcf.