Uncertainty to drive storage-related buying, price volatility Denver — A three-month outlook released Thursday by the US National Weather Service could perpetuate market uncertainty about temperatures and potential gas demand in key US heating regions this winter. From January to March, the agency sees an equal chance for above- and below-average temperatures in states along the Upper Atlantic Seaboard and the US Midwest, excluding portions of the Dakotas. Under weather-normal conditions, the Northeast and the Midwest would comprise more than 60% of US residential-commercial gas demand this winter, according to S&P Global Platts Analytics, making temperature deviations in both regions significant. Less consequential for balance-of-winter demand, states in the western US — extending from the coast to the Rocky Mountains and desert Southwest — are more likely […]