EIA Today in Energy

GAS FUTURESPJM ELECTRICMISO ELECTRICGAS INVENTORYSHORT-TERM WEATHERMID-TERM WEATHER

Gas Futures TableGas Futures Graph

PJM Electric TablePJM Graph

MISO TableMISO Graph

workinggasgraph

Working gas in storage was 3,016 Bcf as of Friday, January 7, 2022, according to EIA estimates. This represents a net decrease of 179 Bcf from the previous week. Stocks were 199 Bcf less than last year at this time and 72 Bcf above the five-year average of 2,944 Bcf. At 3,016 Bcf, total working gas is within the five-year historical range.

 

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weathermap

The January-February-March (JFM) 2022 temperature outlook favors above-normal seasonal mean temperatures for the south-central and eastern U.S. The largest probabilities (above 50 percent) for above-normal temperatures are forecast across much of the Gulf Coast States and parts of New England. Probabilities of below-normal temperatures are elevated for parts of the northern High Plains, northern Rockies, Pacific Northwest, northern California, and most of Alaska.

The JFM 2022 precipitation outlook favors below-normal seasonal precipitation amounts from southern California and the Southwest east to the southern Great Plains along with parts of the Southeast. Below-normal precipitation is slightly favored for coastal southern Alaska. Above-normal seasonal precipitation amounts are most likely across the Great Lakes, Ohio and Tennessee Valleys, northern Rockies, Pacific Northwest, and western Mainland Alaska. Equal chances (EC) are forecast among areas where seasonal mean temperatures and seasonal accumulated precipitation amounts are expected to be similar to climatological probabilities.