Working gas in storage was 3,919 Bcf as of Friday, October 30, 2020, according to EIA estimates. This represents a net decrease of 36 Bcf from the previous week. Stocks were 200 Bcf higher than last year at this time and 201 Bcf above the five-year average of 3,718 Bcf. At 3,919 Bcf, total working gas is within the five-year historical range.
The November-December-January (NDJ) 2020-2021 temperature outlook favors above-normal seasonal mean temperatures for a majority of the CONUS and for northern and western parts of Alaska. The greatest probabilities (larger than 60 percent) are forecast for parts of the Southwest. Below-normal temperatures are most likely for areas of southeast Alaska, the Alaska Panhandle and parts of the far Pacific Northwest.
The NDJ 2020-2021 precipitation outlook depicts enhanced odds for above-normal seasonal total precipitation amounts for Alaska and parts of the Pacific Northwest, northern Rockies and northern Great Plains. Below-normal precipitation is most likely for much of California (slight tilt in the odds), stretching eastward to include the Southwest, south-central Great Plains, lower Mississippi Valley and Southeast.