Volume 17, Issue 33 October 12, 2020
In this Issue
Pennsylvanians Take Control of Your Energy Budget
Editor's Note
Delta Moves Through
Washington, D.C. Area Cooling/Heating Degree Days
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Editor's Note
Delta Moves Through
Weekly review for October 4 October 10, 2020
On Friday, the U.S. Energy Information Administration (EIA) reported that working gas in storage as of Friday, October 2, 2020 was 3,831 Bcf.  This is an increase of 75 Bcf from the previous week. Inventories are currently 444 Bcf higher than last year during this same period and 394 Bcf above the 5-year average of 3,437 Bcf.
The forecast calls for slightly above normal temperatures this week.  The early part of this week we will see the remnants of hurricane Delta move through the area with heavy downpours, but no widespread power outages are expected.  Power prices are following gas higher in the markets despite any real fundamental supply or demand events.
Markets moved higher this week as the 12-month NYMEX gas curve gained 2.5% and the 12-month PJM Western Hub increased 1.7%. 
This past week's market information is provided as a courtesy to our customers and is not indicative of, nor should be relied upon, as representative of future transactions.
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