CPC/NOAA 6-10 Day Outlook

May 7-13:   Weather systems and associated cool shots with showers and thunderstorms will continue across the Plains, Midwest, and Northeast through next week w/highs of 50s and 60s and lows of 30s and 40s. Cooling also arrived to the South/Southeast with highs of 70s to low 80s for lighter demand, although warming back into the 80s and 90s from Texas to the Southeast late this weekend. The Northwest will experience showers and cooling w/highs of 50s and 60s but very warm over the Southwest w/highs of 80s to 90s. Overall, MODERATE demand through mid-next week.

 
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May 6:  Today’s EIA weekly nat gas storage report printed a build of +60 Bcf, in line with market expectations.   This increased supplies to 1,958 Bcf and increased deficits to -61 Bcf vs the 5-year average.  Next week’s report will be near the 5-year average on a closer to seasonal pattern this past week.