Celsius projects - 28 for week ending 12/2. 5th place out of last 6 years.
He predicts -32 for next week's report ending 12/9 then a -80 then a -141
Answer - 21
Storage report at 10:30
Storage report at 10:30
Last edited by Fraser921 on Thu Dec 08, 2022 10:35 am, edited 1 time in total.
Re: Storage report at 10:30
Interesting tidbits:
- Permian gas essentially free (about 20 CENTS) for tomorrow. Meanwhile, nearby San Juan gas market trading $20 DOLLARS. Based on current prices, much of California and the West Coast will pay somewhere between $20-40/MMBtu from now through the end of January. More like TTF/JKM than Henry.
- Heating oil futures 2.78 for yesterday close. Refiners try to jam as much oil into the refinery as possible to make as much product as possible to keep the lights on and the house warm.” Distillate storage increasing for a fourth week in a row to a nine month high 118.8 million barrels,
On weather
But there is no polar vortex in the forecast. There are only two overnight lows in the New York City 10 day forecast with lows below freezing
_ weather data is much too warm the front 7-days but cold enough for the 8-15-day forecast period.
In fact, Texas to Florida have been exceptionally nice this past week, where highs of been mostly in the 70s, including some 80s.
And warm highs of upper 60s to 80s will continue across Texas, the South, and Southeast through early next week to keep national demand light.
shows temperatures late next week as cold air advances eastward and where lows within the cold pool will drop into the -0s to 20s over the northern and interior US and 20s and 30s into Texas and the South, with local teens N. Texas.
\
Consensus at enelyst is a -25
Answer -21 yuck . NG down 10 cents on the news
You can get almost free NG at WAHA..just go pick it up
This concerns me, over drilling is creating too much associated gas, The whole thesis for next year needs to be closely watched
Crude is on the doorstep of the 60's, pretty flat curve around 72. > Isn't this where Biden said he would refill spr? Why is he stil dumping if he said he was going to buy it
- Permian gas essentially free (about 20 CENTS) for tomorrow. Meanwhile, nearby San Juan gas market trading $20 DOLLARS. Based on current prices, much of California and the West Coast will pay somewhere between $20-40/MMBtu from now through the end of January. More like TTF/JKM than Henry.
- Heating oil futures 2.78 for yesterday close. Refiners try to jam as much oil into the refinery as possible to make as much product as possible to keep the lights on and the house warm.” Distillate storage increasing for a fourth week in a row to a nine month high 118.8 million barrels,
On weather
But there is no polar vortex in the forecast. There are only two overnight lows in the New York City 10 day forecast with lows below freezing
_ weather data is much too warm the front 7-days but cold enough for the 8-15-day forecast period.
In fact, Texas to Florida have been exceptionally nice this past week, where highs of been mostly in the 70s, including some 80s.
And warm highs of upper 60s to 80s will continue across Texas, the South, and Southeast through early next week to keep national demand light.
shows temperatures late next week as cold air advances eastward and where lows within the cold pool will drop into the -0s to 20s over the northern and interior US and 20s and 30s into Texas and the South, with local teens N. Texas.
\
Consensus at enelyst is a -25
Answer -21 yuck . NG down 10 cents on the news
You can get almost free NG at WAHA..just go pick it up
This concerns me, over drilling is creating too much associated gas, The whole thesis for next year needs to be closely watched
Crude is on the doorstep of the 60's, pretty flat curve around 72. > Isn't this where Biden said he would refill spr? Why is he stil dumping if he said he was going to buy it