Weather Update - Nov 2

Post Reply
dan_s
Posts: 37324
Joined: Fri Apr 23, 2010 8:22 am

Weather Update - Nov 2

Post by dan_s »

The U.S. weather service models are now starting to see what Dr. Joe Bastardi has been telling us for over a month. Joe is predicting a MAJOR shift in the weather for the eastern half of the U.S. beginning around November 15. Go watch his 11/2 update at http://www.weatherbell.com/premium/

The U.S. weather service is good at predicting weather next week, but their track record for long-range forecasting is not good compared to the European model, which Joe prefers.

Joe is now saying the global pattern today is very close to what happened in 1950, which was a colder than normal winter. The years after a Super El Nino are usually (not always) colder than normal in the U.S.

If this stuff interests you, I highly recommend you get into the habit of watching his short daily updates. If you invest in "gassers" this should be "required", which is why I push it here.

The weather pattern that Joe is forecasting would also do wonders for NGL prices. Lots of folks in the Upper Midwest burn propane to heat their homes.
Dan Steffens
Energy Prospectus Group
bearcatbob

Re: Weather Update - Nov 2

Post by bearcatbob »

We shall see. My painful experience is that if you invest in "gassers" you should avoid Bastardi like the plague.

http://www.intellicast.com/National/Tem ... ure30.aspx

Eventually it becomes too late for weather to make a difference as storage is assured. I am not sure when we pass that treshold - but it must be coming.

My wallet hopes Bastardi is right. My lying eyes tell me is out to lunch.

Bob
Post Reply