• Warmer-than-normal weather is expected into the middle of February.
  • The storage withdrawal for the week ending 1/26 was 12 Bcf higher than the five-year average but met market expectations. Traders will look closely to see if the warmer-than-normal temperatures will have any impact on the storage surplus.
  • The New England Natural Gas Transportation basis prices have dropped in anticipation of warmer weather and lower European LNG prices.