Monday, March 31, 2014

NOAA: March 29 Week was Extremely Cold. April 5 Week Mild

Large swings in weather, and weather related energy demand, at the end of March.  167 Heating Degree Days were recorded, against a normal of 128.  This was close to the 169 HDD recorded for the week ended Feb 22, in which 95 BCF was withdrawn from natural gas storage.  The current week should record a smaller gas withdrawal, since the NOAA weather week ends on Saturday, and the EIA gas week ends on Thursday.

The forecast week, ended April 5th, shows a milder than normal 101 HDD forecast, against a normal of 114.

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