Weather Pattern Not Hot Enough Late August & Early September

Written by on August 26, 2019 in NatGasWeather - No comments

Monday, August 26: Minor changes in the weekend weather data where a few CDD’s were added in most datasets, especially around Sept 4-7th, but still with the pattern the next 15-days likely to be considered not hot enough overall, even if it will be very warm to hot across the West, Texas, and portions of the South and Southeast most days. Specifically, the GFS added 5 CDD’s and the European model 4 CDD’s. However, national daily CDD’s are still expected to run near normal through the first week of September, which isn’t impressive enough when this summer has proven national CDD’s need to be much above normal if a smaller than normal build is to result. Essentially, it would still take further hotter trends to flip weather sentiment bullish.
 

Weather pattern this week with hot West to Texas, but cooler Midwest to East.

 

Temperatures vs normal averaged over the next 7-days. Cool Midwest to East but hot West to Texas.


 

Monday: national demand will be feast or famine across the US this week with very hot conditions over the West and Texas with highs of 90s and 100s increasing in coverage. This will be countered by a strong cool shot across the Midwest, Ohio Valley, and Northeast with highs of only upper 60s to near 80°F and where temperature driven demand will be very light.

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