November snow cover

Last week’s heating demand was fairly light as warmer temperatures dominated the pattern for much of the country for most of the week. The pattern is shifting this week as the cold front that we discussed last week moved into the lower 48 Sunday into Monday; this front combined with some fairly strong wind activity is bringing a cooler pattern to the central and eastern states. The outlook remains cool for many demand centers into next week, so expect higher HDD values for many of the larger population regions, particularly from the Midwest through the east coast. The WTI HDD outlook for November is anticipating a pattern that is generally colder than last year for most of the remainder of November, with a return to somewhat milder temperatures during the last week of the month. In spite of falling crude prices and the EIA’s downward revision of 2009 demand estimates, snow cover per this date is higher than last year, supporting the cooler early start to the heating season that we had forecast in the long range outlook.




