Volume 18, Issue 10 June 14, 2021
In this Issue
Tips for Reducing your Carbon Footprint
Editor's Note
Prices Up on Pipeline Concerns
Washington, D.C. Area Cooling/Heating Degree Days
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Editor's Note
Prices Up on Pipeline Concerns
Week in Review for June 6 June 12, 2021

On Thursday, the U.S. Energy Information Administration (EIA) reported that working gas in storage as of Friday June 4, 2021 was 2,411 BCF.  This was an increase of 98 BCF from the previous week in line with market expectations. Inventories are now 383 BCF lower than last year at this time, and 55 BCF below the 5-year average.

Forward energy markets were up this week with forecasts of more heat (though no significant changes in the Mid Atlantic) and natural gas supply concerns primarily due to a TETCO pipeline outage, now expected to last through most of the summer. The NYMEX natural gas 12-month strip (Jul 21 – Jun 22) ended up 2.8% and the PJM Western Hub ATC (7X24) 12-month strip was up 3.4%.

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