Posted 4/1/2024, 9:08:00 PM
Late-Season Cold Blast Forecast for Midwest, Northeast; Could Extend High Heating Demand, Slow Injections
- Freezing temperatures and snow forecast for Upper Midwest and New England in early April
- Weather could boost heating demand and slow start of injection season
- Spot gas prices up sharply in Chicago, Michigan, Algonquin, and Transco Zone 6 New York on April 1
- US gas stocks remain above 5-year average but saw big drawdowns recently in Midwest, East regions
- Colder weather could continue inventory declines in Midwest, East in next 1-2 weeks