About midway through the month, and later July temperatures are expected to hold at warmer-than-normal according to NOAA’s temperature outlook. Ontario itself will likely float above normal temperatures this and next week.

Dawn injections have dipped to be nearly flat over the past few weeks and dipping below the 10-year average, a testament to how warm this season has been. Enbridge will eventually have to ramp up the injections to make up for this lost volume, or risk going into winter with an inadequate quantity of gas. Being a huge buyer, they can move the local market quite easily. Something to keep in mind over the coming weeks.