Winter Weather Forecast

[dan_s]

Joe Bastardi confirms his Winter Forecast:
http://www.weatherbell.com/saturday-sum ... er-25-2014

[ghrcap]

Should Joe have this right, watching the bears have to make a U-turn the next few weeks on their NG positioning will be a beautiful sight.

[dan_s]

I agree. We should see draws for gas storage the 3rd week of November. Since we will start this winter with 200-250 Bcf less in storage than last year, a cold back half of November should be very interesting for natural gas prices.

[ghrcap]

The weather forecasts for this weekend in the Northeast are starting to play our tune and NG added 8 cents in New York.

[dan_s]

I think Bastardi is saying the first real winter blast will arrive mid-November. It is hard to read him sometime, so don't hold me to it. He did say on Saturday that a fairly "crisp" cold front would move into NE this week. I checked other weather sites and no one else was saying that.

I have been following Joe Bastardi for years and I have found him to be the best long-range weather forecaster. Weather is a big deal in the energy sector, so I urge all of you to listen to Joe's Saturday FREE updates at: http://www.weatherbell.com/

Joe's premium service is packed with details, but too much info for me.