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

Thursday's Headlines: Another Wimpy EIA Draw on Tap. Expiration of Feb'23 Next 2-Sessions.
ANOM2m_pastMTH_ntham (12)
Thursday:  In addition to Feb’23 expiration the next two days, what’s also likely to aid volatility is the morning EIA weekly storage report, where survey averages are tightly clustered with a draw of -82-84 Bcf, much smaller than the 5-year average of -185 Bcf. It was warmer than normal over most of the US besides portions of the West. We expect a draw of -80 Bcf, and if close, will increase surpluses from +35 Bcf to +140 Bcf

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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.

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News

This Weeks Nat Gas Demand

Jan 26-Feb 1:  An active pattern as a series of weather systems impact the US, highlighted by a strong storm exiting the East today just as a second colder one arrives upstream over the Midwest w/lows of -20s to 20s, with additional ones to follow next week. Overall, national demand will be moderate through Sun due to highs of 40s to 70s over the far West, southern US, and up the Mid-Atlantic Coast. The northern US, Plains, and Mtn West will be cool to cold w/highs of 10s to 30s, then spreading south and eastward to cover much of the US next week for strong demand.

January 26 EIA Report vs Normal

EIA Nat Gas Report: Jan 19

Nat Gas In Underground Storage

January 26:   Today’s EIA weekly nat gas storage report printed a draw of -91 Bcf, bullish to survey averages of -82-84 Bcf and much smaller than the 5-year average draw of -185 Bcf. The build decreased supplies from 2,820 to 2,729 and increased surpluses from +34 Bcf to +128 Bcf.  Next week’s EIA report will again print a draw much smaller than the 5-year average to increase surpluses to near +170 Bcf.

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UNG Roll Over – 2023