• Colder-than-normal weather is expected to start next week and extend to February 21st.
  • The warm weather last week and this week appears that it will restore the storage surplus that was impacted by the cold weather and interrupted production.
  • Europe is currently well supplied and LNG prices are remaining steady at low levels. The winter remains a wild card.
  • New England natural gas transportation basis prices have dropped on anticipated warmer weather and lower European LNG prices.