• Warmer-than-normal weather is projected for the Eastern two-thirds of the nation, but NOAA’s winter projection is getting slightly colder. Hurricane Rafael has formed in the Gulf of Mexico but is not expected to affect the US mainland.
  • Warmer-than-normal weather has contributed to gains in storage relative to the five-year average over the last three weeks.
  • Gains in storage indicate slight weakness in the natural gas markets. If natural gas production slows prices may reverse themselves.