Analysis by Martin Trotter

After disappointing storage data the previous week, demand bounced back, registering a withdrawal of just over 150 bcf for last week’s storage report. The withdrawal, which exceeded some expectations, marked a notable increase in consumer demand week over week and edged storage levels down closer to the 5 year average. While the 6-10 day forecast shows colder than average temperatures to centralizing in Eastern California and Nevada and radiating west towards Colorado, the rest of the nation will experience warmer than normal conditions, though national warm temperatures will recede towards the average while colder temperatures in the west will linger through the 14 day outlook. Please click here to see the full report.