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

Latest Friday News: Nat Gas Prices Spike to $9.42 after Bullish EIA, Then Plummet $1

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Friday:  The overnight weather data was a little cooler but still held the timing of swings in national demand was preserved with strong national demand Sun-Tue as the southern and eastern US warms into the 90s, although still with a comfortable pattern forecast June 2-8 as most of the US experiences pleasant highs of 70s and 80s besides hotter 90s over portions of the southern US. The overnight data teased a hotter pattern attempting to gain ground June 9-14, although with more to prove if it’s to be expected. Also of interest, yesterday afternoon’s longer range ECMWF predicted a slightly bearish pattern the first half of June but again forecast a hot pattern the second half of June as upper high pressure strengthens. Essentially, the longer range EC wasn’t quite as hot as needed the front half of June but was relatively bullish the second half of June

US Natural Gas Weather Forecast

NatGasWeather.com provides daily weather forecasts focused on the nat gas industry, specifically how coming weather patterns will affect heating demand and potentially prices.  You will also receive hurricane, summer, and winter outlooks, as well as updates on El Nino/La Nina.

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 weeks. It is typically 4 pages in length with selected images included and is followed with a Mid-Day update issued after fresh forecast data comes in. In addition, you will receive our exclusive Hurricane and Summer Outlooks as well as the Winter Outlook and Critical Weather Alerts for weather conditions that could cause big spikes in nat gas and electricity demand. The cost of the monthly subscription is $69 for individual investors, which is less than the price of a few ticks moves in the futures markets. For companies wishing to subscribe, the price is $249 for up to 8 employees receiving all subscription benefits. 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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News

This Weeks Nat Gas Demand

May 26-June 1:  A cooler than normal weather system w/heavy showers and thunderstorms is slowly tracking across the east-central US w/lows of 40s and 50s, highs of 60s and 70s, including cooling much of Texas and the South into the more comfortable 70s and 80s. Hot conditions are now confined to the Southwest, California, and parts of Florida w/highs into the 90s. The southern and eastern US will warm into the 80s and 90s this weekend through early next week, including 100s over portions of Texas for stronger national demand.

June 3: EIA Report vs Normal

EIA Nat Gas Report: May 26

Nat Gas In Underground Storage

May 26:   Today’s EIA weekly nat gas storage report printed a build of +80 Bcf, lighter than market expectations of +86-89 Bcf and less than the 5-year average of +97 Bcf to increase supplies from 1,723 Bcf to 1,812 and increased deficits from -310 Bcf to -327 Bcf.  Next week’s build is expected to be near normal.

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UNG Roll Over – 2022