Forecasts for a colder-than-average winter in the US will boost residential and commercial gas demand.
The residential and commercial sectors combined form the biggest consumer of gas in the US during winter (December-February). Preliminary weather forecasts suggest the Total Degree Days (TDD) figure in the US will average 793F during the forthcoming winter. This is much higher than the 717F average seen during the previous winter and above the five-year average of 780F. Consequently, GGA forecasts the combined gas demand by the US residential and commercial sectors will be 110 billion cubic metres during the winter, marking a 10.7% rise year on year and 3.2% above the five-year average.