The weather forecast has turned VERY BULLISH for natural gas and propane demand. A MAJOR SNOW & ICE STORM is going to hit New England (all the way down to West Virginia) on Thursday or Friday.
Watch the daily updates here: https://www.weatherbell.com/premium/
Keep in mind that we are still in mid-November and this is weather like mid-December. Also note that the coming storm is likely to have "Gail Force Winds" that will significantly increase space heating requirements.
Natural Gas: Why is the price going UP ???
Natural Gas: Why is the price going UP ???
Dan Steffens
Energy Prospectus Group
Energy Prospectus Group
Re: Natural Gas: Why is the price going UP ???
Below freezing in DALLAS this evening and tomorrow evening. This rarely happens before December.
Dan Steffens
Energy Prospectus Group
Energy Prospectus Group