It must have something to do with Global Warming if there is a chance of snow in New Orleans for early December.
Today's natural gas storage report will be bearish, but the next four should be very bullish. My "SWAG" is that U.S. natural gas storage level gets very close to 3,000 Bcf by the end of December.
I will open tomorrow's luncheon at the Hess Club (December 8) with comments about the U.S. natural gas market.
Snow in Forecast for New Orleans
Snow in Forecast for New Orleans
Dan Steffens
Energy Prospectus Group
Energy Prospectus Group
Re: Snow in Forecast for New Orleans
Go to https://www.weatherbell.com/premium/ and click on Daily Update.
Lot's of snow heading to the Northeast U.S. Note that snow also in West Texas and deep into Mexico.
The very active hurricane season + La Nina is cause big swings in the jet stream. If Joe's forecast for the eastern half of the U.S. is correct, it will get very interesting for the gas market.
Lot's of snow heading to the Northeast U.S. Note that snow also in West Texas and deep into Mexico.
The very active hurricane season + La Nina is cause big swings in the jet stream. If Joe's forecast for the eastern half of the U.S. is correct, it will get very interesting for the gas market.
Dan Steffens
Energy Prospectus Group
Energy Prospectus Group