"As of 3:00 PM ET on June 13, the population-weighted nationwide temperature is 87.1°F which is 2.6°F warmer than yesterday and 7.1°F warmer than the historical average. Accumulated Natural Gas-Weighted Degree Days (GWDDs) through 3:00 PM EDT tally 6.4 GWDDs which is 1.1 GWDDs greater than yesterday through the same time and 2.5 GWDDs greater than average. This suggests an above-average contribution of temperature to natural gas demand."
For more on how weather impacts natural gas demand go here: https://www.celsiusenergy.net/p/intraday-weather.html
U.S. is burning thru a lot of Ngas this week - June 13
U.S. is burning thru a lot of Ngas this week - June 13
Dan Steffens
Energy Prospectus Group
Energy Prospectus Group