• Warmer-than-normal weather is projected across the nation for the period October 10th-16th. Both NOAA and Constellation are projecting a warmer-than-normal winter for the Northeast.
  • Production interruptions, slightly higher LNG exports and cooling demand in the Western-half of the nation eroded the natural gas storage surplus to the five-year average.
  • Regarding natural gas commodity, the declining surplus and the coming winter are putting pressure on prices and it's possible that it may drift higher in the coming weeks.
  • European LNG prices have been steady this past week as European storage is at a high level.