CPC/NOAA 6-10 Day Outlook

July 27-Aug 2:  National demand will be strong the next few days as hot upper high pressure rules most of the US w/highs of 90s to 100s, including 95-103°F Texas. Slightly cooler exceptions will occur over the Upper Great Lakes and New England as a weak cool front holds highs in the 80s.  There are areas of heavy showers extending from the Southwest to the Southeast but still hot. A stronger weather system w/showers and cooling will sweep across the Great Lakes and Northeast Fri-Tue w/highs of 70s-80s, easing national demand.  Overall, HIGH demand through Friday, then easting to MODERATE by late this weekend.

July 22:   Today’s EIA weekly nat gas storage report printed a build of +49 Bcf, larger than national survey averages of +43-44 Bcf.  This increased supplies to 2,678 Bcf and improved deficits to -176 Bcf vs the 5-year average.  Next week’s EIA report will again be a little larger with the build than the 5-year average to improve deficits a little further.

 
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