Weather - Alert for NE U.S.

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dan_s
Posts: 37332
Joined: Fri Apr 23, 2010 8:22 am

Weather - Alert for NE U.S.

Post by dan_s »

If you live along the east coast you should be watching carefully the daily weather updates here: https://www.weatherbell.com/premium/

The possibility of a "Monster Storm" hitting the east coast in early March is increasing.

The weather pattern is also shifting to be very bullish for natural gas and NGL demand in March. The reason NGL prices have increase so much is (a) a cold winter in the Midwest has drained propane inventories and (b) a BIG increase in industrial demand this year. The U.S. is going to dominate the petrochemical business for many years because we have abundant and cheap feedstock. Plus, these businesses got a HUGE benefit from the GOP Tax Plan.
Dan Steffens
Energy Prospectus Group
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