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Jan 22-28:  National demand will be very strong this week as a series of frigid blasts sweep across the Midwest and East w/areas of snow and frosty lows of -20s to 20s, aided by lows of teens to 30s into Texas and the South at times. The western US will be mild to nice with highs of 40s to 70s, lows of 20s to 40s besides the colder Mountain West where highs will be in 10s to 40s w/lows of -0s to 30s. Overall, national demand will be HIGH-VERY HIGH the next 7-days.

January 20:   Today’s EIA weekly nat gas storage report printed a draw of -206 Bcf, slightly bullish to market expectations near -198 Bcf and larger than the 5-year average draw of -167 Bcf.  This decreased supplies to 2,810 Bcf and decreased surpluses to +33 Bcf.  Next week’s EIA weekly report is expected to show another larger than normal draw near or over -200 Bcf.

 
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