• Moderate weather is projected for much of the nation through the middle of December. The longer-term forecast does not project colder than normal weather for the Continental US.
  • The week ending 12/1 saw a large withdrawal of natural gas from storage. The outlook remains positive with the warm weather projection.
  • For natural gas commodity, record levels of production are occurring without the heating demand needed to absorb the increase which has buoyed storage and depressed prices.
  • Wholesale power prices follow movements in the natural gas commodity and natural gas transportation prices.