Satellite

June 18-24:  Very hot conditions continue over the Southwest, Mountain West, and Texas w/highs of 90s to 120°F for regionally strong demand. However, demand remains light across the Great Lakes, Northeast, and Mid-Atlantic as weather systems bring comfortable highs of 60s to 80s. Heavy showers and cooling are expected over Louisiana and the South this weekend as a tropical system arrives. National demand will ease further next week as weather systems track across the northern and east-central US, although still hot over the Southwest.

June 17:   Today’s EIA weekly nat gas storage report printed a build of +67 Bcf, lighter than national survey averages of +71-72 Bcf.  However, an expected revision of -51 Bcf dropped the build to +16 Bcf  This increased supplies to 2,427 Bcf and increased deficits to -126 Bcf vs the 5-year average.  Next week’s EIA report will be near to a little larger than the actual +67 Bcf this week.

 
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