Working gas in storage was 3,591 Bcf as of Friday, November 29, 2019, according to EIA estimates. This represents a net decrease of 19 Bcf from the previous week.
Stocks were 591 Bcf higher than last year at this time and 9 Bcf below the five-year average of 3,600 Bcf. At 3,591 Bcf, total working gas is within the five-year historical range.
The DJF 2019-2020 temperature outlook favors above-normal seasonal mean temperatures for Alaska and most of the western and southern contiguous U.S., with modest probabilities in favor of above-normal temperatures extending up the Eastern Seaboard. Equal-chances (EC) is indicated over a large swath of the north-central U.S. where climatological odds for either of the three categories (below-, near- or above-normal) are forecast.
The DJF 2019-2020 precipitation outlook favors above-normal seasonal total precipitation amounts for Alaska (especially the Southwest portion of the state) and much of the northern tier of the contiguous U.S. Smaller areas of favored below-normal seasonal precipitation amounts are highlighted for parts of California and the Southwest, as well as the western Gulf Coast and lower Mississippi Valley. Remaining areas of the forecast domain denote Equal-Chances (EC) where climatological odds for either of the three categories (below-, near- or above-normal) are forecast.