There is a La Nina in the Pacific Ocean. It will move the cold and snowy part of winter east of the Rockies.
Read this: https://www.severe-weather.eu/long-range-2/winter-2024-2025-forecast-first-model-predictions-united-states-canada-europe-fa/
The big cities around the Great Lakes draw the most natural gas from storage during the winter. The previous two winters have been cold in the western third of the U.S., but warmer than normal east of the Rockies.
La Nina moves the Polar Jet Stream to the east in North America.
All we need is a normal winter combined with increased LNG exports to have much higher natural gas prices in 2025.
La Nina Winter will increase NGas demand - Sept 6
La Nina Winter will increase NGas demand - Sept 6
Dan Steffens
Energy Prospectus Group
Energy Prospectus Group