Midweek Update
Midweek Update: warmth limits early-November heating demand
Bias: BearishModels agreement: Strong
Change: EPS loses 11.5 TDD versus the previous run; GEFS remains the warmest medium-range forecast.
As natural gas weakens, the weather outlook offers limited support from heating demand. GEFS is strikingly warm, while EPS is less extreme but also projects below-normal total degree days.
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