June looks to end on a hot note for much of the US, with a high and moderate risk of excessive heat across much of the West and parts of the Great Plains. Hazards Outlook. More daily record highs appear likely to fall
June is on pace to rank 2nd hottest back to 1950 with 281 PWCDDs (10-year normal is 261; 30-year is 242; 2010 record is 286). Regionally, the Pacific is forecast with its 2nd hottest June and the Mountain with its hottest back to 1950. Both the Midwest (#8) and East (#9) are also in the top-10.
The pattern this June was very similar to 2015 and 2016
Today’s Fundamentals
Daily US natural gas production is estimated to be 90.7 Bcf/d this morning. Today’s estimated production is -2.28 Bcf/d to yesterday, and -1.56 Bcf/d to the 7D average.
Natural gas consumption is modelled to be 69.8 Bcf today, -3.04 Bcf/d to yesterday, and -3 Bcf/d to the 7D average. US power burns are expected to be 32.5 Bcf today, and US ResComm usage is expected to be 8.6 Bcf.
Net LNG deliveries are expected to be 9.8 Bcf today.
Mexican exports are expected to be 7.4 Bcf today, and net Canadian imports are expected to be 4.4 Bcf today.
The storage outlook for the upcoming report is +54 Bcf today.
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ION-Energy-Daily-Report-June-22-2021.pdf