This report covers the week ending June 14, 2019.
Total Demand
We estimate that aggregate demand for American natural gas (consumption + exports) totaled around 548 bcf for the week ending June 14 (down 3.9% w-o-w but up 3.8% y-o-y). The deviation from the norm remained positive, but dropped from +21.0% to +13.0% (see the chart below).
Source: Bluegold Research estimates and calculations
This week, the weather conditions have cooled down slightly across the Lower-48 states. We estimate that the number nationwide cooling degree-days (CDDs) edged down by about 3.50% w-o-w. Overall, total energy demand