Working gas in storage was 1,784 Bcf as of Friday, April 2, 2021, according to EIA estimates. This represents a net increase of 20 Bcf from the previous week. Stocks were 235 Bcf less than last year at this time and 24 Bcf below the five-year average of 1,808 Bcf. At 1,784 Bcf, total working gas is within the five-year historical range.
The April-May-June (AMJ) 2021 temperature outlook favors above-normal seasonal mean temperatures for nearly all the contiguous U.S. and for portions of western and northern Alaska. Below-normal temperatures are most likely for a region from southeast Alaska to the extreme Pacific Northwest. Moreover, above-normal temperatures are most likely for the entire forecast domain as we move into and through the summer months.
The AMJ 2021 precipitation outlook favors above-normal seasonal total precipitation amounts for portions of the Great Lakes, Ohio Valley, mid-Atlantic and Northeast as well as the west coast of Alaska. Below-normal precipitation is most likely for a region from the West coast across the Rockies to the southern Great Plains. The highlighted area of below-normal precipitation is forecast to slowly shift north and east during the summer months while above-normal precipitation is favored to expand southward along the eastern seaboard over the same period. Elevated odds for above-normal precipitation is introduced for parts of the Southwest during the monsoon season.