This is the third time in the last four months that the roll up the contango ladder has stuck, at least for a couple days/
The heat wave has come back with a vengence, here's the National Weather Service Cooling Degree Day forecast June 23 through 30:
COOLING DEGREE DAY DATA WEEKLY FORECAST POPULATION-WEIGHTED STATE,REGIONAL,AND NATIONAL AVERAGES CLIMATE PREDICTION CENTER-NCEP-NWS-NOAA LAST DATE OF FORECAST WEEK IS JUN 30, 2012 LAST DATE OF OBSERVED WEEKLY LAST YR IS JUN 30, 2011 SEASONAL ACCUMULATIONS ARE FROM JAN 1, 2012 TO JUN 23, 2012 -999 = NORMAL LESS THAN 100 OR RATIO INCALCULABLE STATE FCST FCST FCST **** OBSERVED SEASONAL **** WEEK WEEK WEEK **** ACCUMULATIONS **** TOTAL DEV DEV TOTAL DEV DEV DEV DEV FROM FROM FROM FROM FROM FROM NORM L YR NORM L YR NORM L YR PRCT PRCT 2000 CDD normals implemented 1/1/2003 ALABAMA 111 18 12 721 201 -31 39 -4 ARIZONA 166 26 -2 1016 206 176 25 21 ARKANSAS 113 18 -13 736 287 58 64 9 CALIFORNIA 21 -19 5 72 -111 16 -61 29 COLORADO 76 56 40 117 77 68 -999 -999 CONNECTICUT 69 34 37 97 20 -9 -999 -999 DELAWARE 78 14 8 346 146 -61 73 -15 FLORIDA 118 3 3 1458 231 -38 19 -3 GEORGIA 101 13 2 621 155 -81 33 -12 IDAHO 33 7 4 114 56 75 -999 -999 ILLINOIS 65 11 28 339 136 98 67 41 INDIANA 63 8 27 309 94 33 44 12 IOWA 88 34 41 329 128 69 64 27 KANSAS 122 38 9 537 218 71 68 15 KENTUCKY 81 14 31 420 143 6 52 1 LOUISIANA 127 13 -5 1191 363 37 44 3 MAINE 20 7 10 31 15 12 -999 -999 MARYLAND 66 4 2 279 78 -65 39 -19 MASSACHUSETTS 57 29 31 76 23 -11 -999 -999 MICHIGAN 47 11 27 195 74 38 61 24 MINNESOTA 52 20 16 190 79 77 71 68 MISSISSIPPI 111 8 0 742 131 -25 21 -3 MISSOURI 95 22 20 484 197 84 69 21 MONTANA 41 26 25 57 29 40 -999 -999 NEBRASKA 126 62 63 397 169 138 74 53 NEVADA 110 10 6 645 161 265 33 70 NEW HAMPSHIRE 29 10 13 72 35 1 -999 -999 NEW JERSEY 69 21 16 192 66 -24 52 -11 NEW MEXICO 94 35 3 346 141 60 69 21 NEW YORK 51 14 20 140 46 5 -999 -999 NORTH CAROLINA 92 14 -11 493 159 -113 48 -19 NORTH DAKOTA 49 20 10 124 29 61 -999 -999 OHIO 58 13 29 266 102 34 62 15 OKLAHOMA 123 22 -26 720 269 -17 60 -2 OREGON 10 -1 0 37 19 18 -999 -999 PENNSYLVANIA 50 9 21 176 53 -31 43 -15 RHODE ISLAND 41 14 19 68 22 4 -999 -999 SOUTH CAROLINA 102 8 -11 634 144 -110 29 -15 SOUTH DAKOTA 73 26 26 217 70 109 48 101 TENNESSEE 89 14 16 500 169 -26 51 -5 TEXAS 141 23 -8 1179 348 -72 42 -6 UTAH 60 20 16 172 68 127 65 282 VERMONT 21 4 11 69 32 17 -999 -999 VIRGINIA 79 16 5 347 130 -81 60 -19 WASHINGTON 10 1 4 20 1 8 -999 -999 WEST VIRGINIA 59 13 23 271 109 -2 67 -1 WISCONSIN 49 17 31 182 81 90 80 98 WYOMING 56 36 32 69 29 55 -999 -999 REGION NEW ENGLAND 51 26 27 76 32 -5 -999 -999 MIDDLE ATLANTIC 55 15 19 162 62 -12 62 -7 E N CENTRAL 57 12 28 266 112 59 73 29 W N CENTRAL 87 29 24 362 154 83 74 30 SOUTH ATLANTIC 96 9 1 768 175 -70 30 -8 E S CENTRAL 97 14 16 579 173 -20 43 -3 W S CENTRAL 135 21 -10 1093 348 -39 47 -3 MOUNTAIN 100 33 14 454 148 125 48 38 PACIFIC 19 -13 4 62 -63 15 -50 32 UNITED STATES 74 12 12 434 120 5 38 1