Milder

Due to moderately higher fuel prices and anticipated milder weather for the upcoming heating season, only a modest rise in household heating bills is expected for many U.S. customers this winter, according to the Short-Term and Winter Fuels Energy Outlook released by the Energy Information Administration (EIA) Wednesday.

With milder weather arriving a bit earlier than expected in the South and lows in the lower Northeast not getting much below freezing Friday, cash traders largely ignored the previous day’s advance of 7.6 cents by March futures in sending all but a few locations to generally moderate losses Thursday.

With milder weather arriving a bit earlier than expected in the South and lows in the lower Northeast not getting much below freezing Friday, cash traders largely ignored the previous day’s advance of 7.6 cents by March futures in sending all but a few locations to generally moderate losses Thursday.

Due to forecasts of milder weather, Dominion rescinded Conform Transportation Services to Scheduled Nominations and FTNN Hourly Limit OFOs for its PL-1 service area that had been issued late last week.

Due to forecasts of milder weather, Dominion rescinded Conform Transportation Services to Scheduled Nominations and FTNN Hourly Limit OFOs for its PL-1 service area that had been issued late last week.

MRT said it will lift a System Protection Warning at the start of Wednesday’s gas day.

The 2009 Atlantic Hurricane season seems likely to be milder than last year’s, with Andover, MA-based WSI Corp. on Tuesday adding its name to the list of forecasters predicting “relatively quiet” storm numbers.

Add to the growing list of weather forecasters predicting mostly milder temperatures this winter WSI Corp. and WxRisk.com, which said in separate reports issued last week that colder-than-normal temperatures are most likely to be recorded only in the Pacific Northwest and portions of the Rockies and extreme norther tier of the United States.

Milder than normal weather for early June, futures weakness and continuing concerns about a glut of storage kept cash prices on a downhill run Wednesday. Double-digit declines occurred at all points for the second day in a row.