CPC/NOAA Seasonal Outlook – Summer (June, July, Aug)

Oct 15-21:  A weather system w/showers and thunderstorms will extend from the Midwest to the South with highs of 40s to 60s, coolest north. Most of the rest of the US will be nice to warm w/highs of 60s to 80s. A minor bump in national demand is expected this weekend as the current Midwest system tracks across the Ohio Valley and Northeast. Most of the US will be warmer than normal next week with highs of 60s to 80s besides the Northwest and New England where weather systems will bring showers and highs of 50s and 60s. Overall, national demand will be LOW through next week.

October 14:   Today’s EIA weekly nat gas storage report printed a build of +81 Bcf, smaller than survey averages near +92 Bcf and only slightly larger than the 5-year average of +79 Bcf.  This increased supplies to 3,369 Bcf and improved deficits to -174 Bcf vs the 5-year average.  Next week’s EIA weekly report build is expected to be a bit larger than the 5-year average and likely in the 90s Bcf.

 
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