Winter Distillate and Natural Gas Outlook

John Cook

Director, Petroleum Division

Energy Information Administration

Coalition of Northeastern Governors

July 26, 2000

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• Throughout the summer, gasoline prices have drawn most of the public’s attention, but EIA has been concerned over winter heating fuels as well.

• Distillate inventories are likely to begin the winter heating season at low levels, which increases the chances of price volatility such as that seen last winter.

• Natural gas does not look much better.