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

Thursday Headline: Prices sharply higher this week on hotter US pattern coming and strong LNG. What will EIA report show?.

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Thursday:  For today’s EIA weekly storage report, survey averages are tightly clustered at +46-47 Bcf, slightly larger than the 5-year average of +41 Bcf. It was cooler than normal over much of Texas and the Plains, while hotter than normal over much of the western and eastern US. We expect a build of +51 Bcf, although tricky due to the Independence Day Holiday and weak wind energy generation.

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.

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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

July 17-23:  A messy pattern this week w/numerous areas of showers and thunderstorms but also very warm to hot over most of the US w/highs of upper 80s and 90s besides 100s California & the Southwest. This includes 90s up the East Coast. Cooler exceptions across portions of the northern 1/3 of the US w/highs of 70s and 80s. Overall, decently strong demand the next 5-days, then getting even stronger days 6-7.

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July 17: EIA Report vs Normal

EIA Nat Gas Report: July 17

Nat Gas In Underground Storage

June 17:   Today’s EIA report printed a build of +46 Bcf, in line with expectations, while slightly larger than the 5-year average build of +41 Bcf.  The build increased supplies to 3,052 Bcf, while increasing surpluses steady to +178 Bcf. Also of importance, supplies are 156 Bcf less than this time last year.

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