Volume 18, Issue 10 November 1, 2021
In this Issue
Green Engineering
Editor's Note
Prices Up
Weather
Washington, D.C. Area Cooling/Heating Degree Days
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Editor's Note
Prices Up
Week in review for October 24-30, 2021

On Thursday, the U.S. Energy Information Administration (EIA) reported that working gas in storage as of Friday October 22, 2021 was 3,548 Bcf. This was an increase of 87 Bcf from the previous week, in line with market expectations.  Inventories are now 403 Bcf lower than last year at this time, and 126 Bcf below the 5-year average. As we have been noting, these deficits have been improving, on absolute terms, for several weeks. However, there is basically one week left to make up any ground before the usual withdrawal season begins in November.

The 12-month NYMEX natural gas strip (Dec 21-Nov 22) was up 4.5% and the PJM Western Hub ATC (7X24) 12-month strip up 2.4% (note: reported weekly changes are from close of business Thursday 10/21/2021 to 10/28/2021). 

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