Natural gas inventories are expected to build 110 bcf this week, as temperatures were slightly below-normal in popweighted
consumption areas and CDD forecasts moved further into the shoulder month of September. Our CDD
forecast is 28.9 and less than the 10-year normal of 37.1. A build of 110 bcf this week would compare to a five-year
average build of 68 bcf. Looking to next week, temperatures warm a bit across the country. Our early CDD forecast is
30.7 and much closer to the 10-year norm of 30.1. Such a reading would create a build in inventories of around 105
bcf and compare to a five-year average build of 74 bcf
Tags: EIA Natural gas storage, nastural gas inventory outlook, natural gas fundamental research, natural gas statistics, natural gas storage estimate, natural gas storage expecation
