Volume 18, Issue 3 February 1, 2021
In this Issue
Editor's Note
Lower Winter Premiums
Weather
Washington, D.C. Area Cooling/Heating Degree Days
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Editor's Note
Lower Winter Premiums
Weekly review for January 24 - January 30, 2021
 
On Friday, the U.S. Energy Information Administration (EIA) reported that working gas in storage as of Friday, January 22, 2021 was 2,881 Bcf.  This is a decrease of 128 Bcf from the previous week. Inventories are currently 78 Bcf higher than last year during this same period and 244 Bcf above the 5-year average of 2,637 Bcf.
  
The forecast calls for normal temperatures this week.  Near term contracts have sold off a bit in the last week as some of the winter fear premium is reduced and we get ready to roll the month.
 
Markets moved higher this week as the 12-month NYMEX gas curve gained 3.7% and the 12-month PJM Western Hub increased 2.7%. 
 
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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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