Here are the links to the NOAA Climate Prediction Center seasonal FX's and to the release schedule.
http://www.cpc.ncep.noaa.gov/products/forecasts/
http://www.cpc.noaa.gov/products/predic ... edule.html
It is wise to compare the Equal Chances and Neutral lines in Joe B's FX and the CPC's. I see a fairly different result in potential NG use this winter between the 2. For what it is worth, I recently attended a conference where the Washington State Climatologist spoke. One of the things he said was that the past strong El Niño's have always been followed by strong La Nina's the following winter.
Seasonal Weather FX
Re: Seasonal Weather FX
You should all be checking Dr. Bastardi's weekly weather updates. Here is the link to his 11/28 update.
http://www.weatherbell.com/saturday-sum ... er-28-2015
He is now forecasting a winter storm tracking from New Mexico, across the South and up the East Coast around mid-December. If so, that is bullish for natural gas demand.
http://www.weatherbell.com/saturday-sum ... er-28-2015
He is now forecasting a winter storm tracking from New Mexico, across the South and up the East Coast around mid-December. If so, that is bullish for natural gas demand.
Dan Steffens
Energy Prospectus Group
Energy Prospectus Group