ISO loads are tanking while the Northwest’s are trending unchanged:
Note there is also no rain coming to Seattle, meaning no rain falling anywhere in the northwest, call that bullish on both MId-C and golf. Moving on from demand, the biggest news in today’s fundies are the changes to the RFC’s 10 day:
That, ladies and gentlemen, is about 500 aMW of water the folks in Portland poured onto the bullish fires (if there were any out there). Perhaps it also portends to a more bearish STP on Monday, but I don’t think so. My guess is November will be revised downward, probably not a lot, maybe 200-300 aMW down.
That’s all for now, enjoy your weekend.