Weather Pulse
Short, regular weather reads for the natural gas market.
Sunday Setup: still hot, but much less supportive
Change: EPS loses -9.0 TDD vs Friday, near-week cools, but the next two weeks stay well above normal
Midweek Update: EPS takes the heat lead
Change: PS overtakes GEFS on heat; late-July peak near 18.5 TDD; CFSv2 warmer into August
Sunday Setup: week-2 heat holds
Change: GEFS moves closer to EPS up front; week-2 heat still intact around Jul 26-29
Midweek Update: EPS gives up heat
Change: EPS lost major TDD since Sunday, GEFS steadier but week-2 heat is less confirmed
Midweek Update: warm, but not enough
Change: Weather stays above normal, but not strong enough to offset comfortable storage
Midweek Update: July heat reloads
Change: Hot Jul 1-4, brief moderation, then TDD rebuilds into mid-July
Midweek Update: storage beats, EPS heat builds
Change: Storage +76B vs +67B exp - bearish, EPS rebuilds TDD into early July
Sunday Setup: small Sunday nudge
Change: Sunday 12Z runs add a little TDD vs Friday - same story, no drama
Quiet Saturday hold
Change: Models aligned, little change vs Friday - Total Degree Days hugging the 30-year mean