Working gas in storage was 2,518 Bcf as of Friday, February 5, 2021, according to EIA estimates. This represents a net decrease of 171 Bcf from the previous week. Stocks were 9 Bcf less than last year at this time and 152 Bcf above the five-year average of 2,366 Bcf. At 2,518 Bcf, total working gas is within the five-year historical range.
The February-March-April (FMA) temperature outlook favors below normal seasonal mean temperatures for the southern half of mainland Alaska, the Alaska Panhandle, and from the Pacific Northwest eastward to the Northern Rockies. Above normal seasonal mean temperatures are favored across parts of northern and western Alaska, and for most of the CONUS, except portions of the Northern Plains, Northern Rockies, Southern Oregon, and Northern California. Maximum probabilities for above normal temperatures exceed 60% across parts of the Southwest and Southern Great Plains.
The FMA precipitation outlook favors above normal precipitation for most of the northern tier of the CONUS, extending from the Pacific Northwest to the Great Lakes, then southward across eastern portions of the Middle Mississippi Valley, the Ohio Valley, and the Central and Northern Appalachians. Above normal precipitation is also favored for northern and western portions of Alaska. Maximum probabilities for above normal precipitation exceed 50% over the Ohio Valley. From central and southern California across the Great Basin to the Central and Southern Plains, below normal precipitation is favored. Below normal precipitation is the most favored outcome across portions of the Southeast, as well as along the southern coast of mainland Alaska and for the Alaska Panhandle.