this weeks storage poll is for week ending 9/14 and reported by EIA on 9/20.
observation:
supply bounced back to near pre-Isaac levels.
still around 3 bcf missing from GOM but it is being offset by strong northeast production figures and canadian imports.
northeast storage demand and power gen demand remains strong keeping northeast pipes near capacity.
temperature related demand fell off significantly last week from the week earlier.
total degree demand was approximately average and similar to last yrs levels.
texas noted the largest drop off in power burns as record heat from the week prior dissipated.
nuke outages last week were approximately in line with last yrs levels as many plants had not entered scheduled maintenance yet.
storage week total population weighted degree demand (HDD + CDD) --
last week: 55 (43cdd 12hdd)
previous week: 80 (79cdd 1hdd)
same week last yr: 55 (46cdd 9hdd)
avg: 58 (42cdd 13hdd)
* source: NOAA
storage:
same week last yr: +89
yr avg: +73
*note: avg and last year storage figures are calculated using this historical data-set provided by eia:
http://ir.eia.gov/ngs/ngsstats.xls
my estimate is +64 bcf