Smaller Inventory Withdrawal Still Bullish For Natural Gas As Price Rally Pauses

December 27, 2013

 

The weather last week was colder than seasonal norms.

According to the Edison Electric Institute, utilities generated 79,034 GWh in the week ending Dec. 21, which was 3.9 percent above the same week a year ago.

 

 

 

Looking forward, the NOAA’s 6- to 10-day outlook calls for colder-than-normal temperatures over the key Midwest and Northeast regions.

 

NOAA 6- TO 10-DAY OUTLOOK

 

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