Natural Gas Demand - Jan 29
Posted: Tue Jan 29, 2019 11:37 am
When EIA reports the change in U.S. natural gas storage for the week ending February 1st it may be the largest draw of the winter season.
Here is why: https://www.wunderground.com/forecast/u ... alwx_10day
If you live in an area that is going to have wind chills of -20F or below (some areas may see wind chills of -50F) PLEASE be careful. This is DEADLY COLD. You can have skin damage very quickly (less than five minutes) in temperatures this low. Also, please keep your pets inside as much as possible.
If natural gas storage is under 2,000 BCF on February 1st it is almost sure to be under 1,000 BCF on April 1st. "Refilling storage is not an option", therefore this will add ~3 Bcf per day to demand during the refill season.
Watch daily updates here: https://www.weatherbell.com/premium/
Here is why: https://www.wunderground.com/forecast/u ... alwx_10day
If you live in an area that is going to have wind chills of -20F or below (some areas may see wind chills of -50F) PLEASE be careful. This is DEADLY COLD. You can have skin damage very quickly (less than five minutes) in temperatures this low. Also, please keep your pets inside as much as possible.
If natural gas storage is under 2,000 BCF on February 1st it is almost sure to be under 1,000 BCF on April 1st. "Refilling storage is not an option", therefore this will add ~3 Bcf per day to demand during the refill season.
Watch daily updates here: https://www.weatherbell.com/premium/