Watching Government: Warm January cools gas use

So just what did January’s record warmth do to the US natural gas market? Quite a bit, according to Federal Energy Regulatory Commission economists. “January was the warmest in the full 112 years tracked by the National Oceanic and Atmospheric Administration, or NOAA. Temperatures averaged 8.5° above norms,” said Steve Harvey, FERC’s deputy director of market oversight and assessment, in his monthly briefing to commission members on Feb. 16.A NOAA map of the Lower 48 shows how widespread the warm weather was: Fifteen Northern Plains, Great Lakes, and Upper Midwest states had their warmest January in 112 years. Twenty-six others had above-average temperatures. C...

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