Winter Storm Bruce - Nov 26

[dan_s]

Winter storm "Bruce" is hitting the area of the country that consumes the most natural gas and propane for space heating.

Watch: https://weather.com/storms/winter/news/ ... =hp-slot-1

I am expecting this week's natural gas storage report to show a draw of 80 Bcf for the week ending November 23. Bruce should cause a draw of ~120 Bcf for the week ending November 30. Wind is also a major factor in demand for space heating fuels.

5-year average draws are:
34 Bcf for week ending Nov 23
66 Bcf for week ending Nov 30

If I'm right, this November will be largest draws from storage in at least ten years.