The overnight 00z runs brought cooler temps with it. Both model brought cooler temps with the Euro Ensemble bringing 12 more HDDs, and the GFS Ensemble adding 7 HDDs.
Green bar = added TDDs vs 24H ago
Red bar = drop in TDD vs 24H ago
Looking past December, the January forecast continues to exhibit the warm outlook. Below is the Jan outlook from Maxar weather.
Today’s Fundamentals
Daily US natural gas production is estimated to be 90.4 Bcf/d this morning. Today’s estimated production is -0.63 Bcf/d to yesterday, and -0.56 Bcf/d to the 7D average.
Natural gas consumption is modelled to be 94 Bcf today, -5.8 Bcf/d to yesterday, and -2.91 Bcf/d to the 7D average. US power burns are expected to be 28.94 Bcf today, and US ResComm usage is expected to be 35.4 Bcf.
Net LNG deliveries are expected to be 11.3 Bcf today.
Mexican exports are expected to be 6.6 Bcf today, and net Canadian imports are expected to be 5.5 Bcf today.
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ION-Energy-Daily-Report-Dec-09-2020.pdf