Natural Gas: Why is the price going UP ???

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dan_s
Posts: 37351
Joined: Fri Apr 23, 2010 8:22 am

Natural Gas: Why is the price going UP ???

Post by dan_s »

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.
Dan Steffens
Energy Prospectus Group
dan_s
Posts: 37351
Joined: Fri Apr 23, 2010 8:22 am

Re: Natural Gas: Why is the price going UP ???

Post by dan_s »

Below freezing in DALLAS this evening and tomorrow evening. This rarely happens before December.
Dan Steffens
Energy Prospectus Group
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