Daily Brief: Tuesday, November 3, 2026

Heating demand 28 below normal this week; storage 38 above the 5-year average.

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The short version

  • Heating demand, next 6 days: 52 heating degree days, 28 below the normal of 80.
  • Forecast change: 2 heating degree days colder than the previous day's forecast.
  • Storage: 3,724 Bcf, 38 above the 5-year average and 147 below last year.
  • Power burn: up 7% week over week.
  • Positioning: managed money net short 206,317 contracts.