This will burn up a lot of heating oil this weekend

Post Reply
dan_s
Posts: 37318
Joined: Fri Apr 23, 2010 8:22 am

This will burn up a lot of heating oil this weekend

Post by dan_s »

It will also send New England natural gas spot market prices a lot higher.

"Northeast braces for coldest air in nearly 7 years late week and into weekend" < Joe Bastardi forecast this in last Saturday's podcast, but our national weather service is just beginning to notice it.

"The bitterly cold air mass takes hold from Friday into Saturday, with widespread below-zero temperatures expected across the Northeast by Saturday morning. The shot of pure Arctic air will be something we haven’t seen in this magnitude since Valentine’s Day 2016", the National Weather Service noted.

Read more: https://nypost.com/2023/01/31/northeast ... e=mail_app

AR, EQT and RRC have the ability to sell some of their gas that is not dedicated to pipelines at Northeast spot market prices.
Dan Steffens
Energy Prospectus Group
Fraser921
Posts: 3240
Joined: Mon Mar 22, 2021 11:48 am

Re: This will burn up a lot of heating oil this weekend

Post by Fraser921 »

Not enough, I'm afraid

https://www.celsiusenergy.net/

Celsius getting warmer week 3 & 4

-138
-183
-124
-105

almost a double digit + 144 to 5 yr avg, +271 to last year
Post Reply