Preview EIA Natural Gas Inventories #TCNG

#11223
ClemSnide
Participant

“The strongest declines in power burn demand occurred in the midcon market (0.8 Bcf/d) and Northeast (0.7 Bcf/d) cell regions, where population weighted temperatures averaged 4.5 and 2.5 degrees Fahrenheit cooler, respectively, compared to the previous week”.

This has been the phase for most of the year – hence where price is – funny with all the climate action news quiet when its cold I get the feeling half the traders bias is still to hot hot and power burn to end all summers.