Volume 18, Issue 10 September 20, 2021
In this Issue
You Have the Power to Choose
Editor's Note
Market Jumps Again
Weather
Washington, D.C. Area Cooling/Heating Degree Days
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Editor's Note
Market Jumps Again
Week in review for September 12 18, 2021

On Thursday, the U.S. Energy Information Administration (EIA) reported that working gas in storage as of Friday September 10, 2021 was 3,006 BCF. This was an increase of 83 BCF from the previous week, a bit higher than market expectations. Inventories are now 595 BCF lower than last year at this time, and 231 BCF below the 5-year average.

Similar to last week, aided by lingering storm impacts on production and fear regarding the amount of gas available in storage come winter near-term prices jumped yet again, with the 12-month NYMEX natural gas strip (Oct 21-Sep 22) up 3.7% and the PJM Western Hub ATC (7X24) 12-month strip up 9.7%. 

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