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NatGasWeather.com - Daily Reports & Live HDD/CDD Statistics

Friday's Headlines: Bearish EIA report storage miss leads to strong selling and w/June'24 prices retreating to $2.
ecmwf.pf_gefs_00_National_hdd
Friday:  Yesterday’s EIA weekly storage report missed bearish with a build more than 10 Bcf larger than market expectations, which led to prices selling off sharply. The overnight data added several HDDs on cooler trends for April 19-23, which could be reason if prices gain a few cents back. Although, it would be more impressive for the bullish case if demand wasn’t so light next week and favored to again become light April 24-27, as shown in the image from our Live HDD/CDD data.

US Natural Gas Weather Forecast

NatGasWeather.com provides daily weather forecasts and weather statistics developed specifically for the energy markets, with the focus on natural gas.  We are committed to providing exceptional service backed by our Certified Consultant Meteorologists, the highest credentialed meteorologist designation by the American Meteorological Society.  Our team of meteorologists understand the unique challenges facing natural gas traders and aims to deliver accurate and reliable weather information tailored specifically for their needs.

NatGasWeather.com offers daily weather forecasts with the focus on weather conditions that will drive nat gas and heating demand over the coming 2-3 months but with emphasis on the next 15-days.  The Daily Report contains a comprehensive narrative, as well as many pages of important weather images and natural gas metrics.  The Mid-Day update is issued after fresh midday forecast data comes in.  If you are not satisfied at any time you can cancel without fee. We also offer Live HDD/CDD weather model statistics as a separate service. For more information click here.

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NatGasWeather.com offers expert weather analysis and real-time trending weather statistics for the natural gas and energy markets.  Our weather experts closely monitor weather patterns and trends to provide insightful analysis to help our clients make informed decisions.  Our platform provides detailed Daily Natural Gas Weather Reports, as well as timely Midday and Afternoon Updates, highlighting potential impacts on supply and demand.  We also provide access to real-time Live updating weather statistics from the major weather models, such as the ECMWF, GFS, CFS, and more.  These Live updating weather statistics compare national Heating Degree Days (HDD) and Cooling Degree Days (CDD) to 30 and 10-year normals, while also showcasing trends of the major weather models over the past 12 and 24 hours.  This includes HDD and CDD forecasts and trends for the South-Central, East, Midwest, Mountain, and Pacific EIA regions.  Our Advanced HDD/CDD Weather Statistics package is our most powerful offering for natural gas traders and energy companies as we accumulate HDD and CDD weather trends over periods of days to weeks to highlight how weather patterns and trends are impacting natural gas prices. This allows our clients to stay ahead of market trends and adjust their trading strategies accordingly.   Included are Winter and Summer Outlooks, as well as updates to ENSO (El Nino/La Nina).  Our comprehensive reports also provide forecasts for the next three EIA Weekly Storage Reports, as well as long-range forecasts from the ECMWF and CFS weather models.  Finally, wind, solar, and weather element forecasts and statistics are also provided for the major ISO’s, including ERCOT, SPP, MISO, CAISO, and PJM.

This Weeks Nat Gas Demand

April 12-18:  A weather systems will impact the East Fri-Sat w/showers and thunderstorms. Although, temperatures will be quite comfortable over the northern US w/highs 50s to near 70F, while very nice to warm over the southern US w/highs of 60s-80s, locally 90s. Next week will be very nice over the US w/highs of 50s-80s. Light to very light demand the next 7-days.

April 11 EIA Reports vs Normal

EIA Nat Gas Report: April 4

Nat Gas In Underground Storage

April 11:   Today’s EIA weekly nat gas storage report printed a build of +24 Bcf, nearly 10 Bcf larger than market expectations near +13 Bcf, although exact to the 5-year average of +24 Bcf to hold surpluses at +633 Bcf.  The build increased supplies from 2,259 Bcf to 2,283 Bcf.

Live Wx Model HDD/CDD Data

We also provide Live Weather Model HDD/CDD Statistics as a separate service. To learn more click HERE.

UNG Roll Over – 2023