Bullish Weather Forecast for our Gassers - Jan 16
Posted: Sun Jan 16, 2022 1:18 pm
Watch the Saturday Summary here: https://www.weatherbell.com/premium/
Very cold and very windy weather in the Northeast U.S. during the remainder of January should push natural gas storage levels below the 5-year average by the end of January. Why is this important?
Refilling natural gas storage from the end of the winter heating season before the next winter begins is not optional. Utility companies MUST REFILL storage (May to October) to keep us from what is happening in Europe this year. Europeans are getting home heating bills that are triple what they were last winter.
Very cold and very windy weather in the Northeast U.S. during the remainder of January should push natural gas storage levels below the 5-year average by the end of January. Why is this important?
Refilling natural gas storage from the end of the winter heating season before the next winter begins is not optional. Utility companies MUST REFILL storage (May to October) to keep us from what is happening in Europe this year. Europeans are getting home heating bills that are triple what they were last winter.