There has been a great deal of talks about Trump Tariffs and the effect on the NG market. While my personal belief is that Trump is following his personal dictum, which he laid out in his 1989 book "Art of the Deal". This is not a belief or endorsement for the Trumpster, just an observation through his own words and actions. The issue is China and the overall...
Models have been having a hard time with the long range physics of the global atmospheric patterns. Which is great for those of us that can see past a computer! The models began to see this last weekend, and the price gapped higher 16 cent. This weekend they confirmed once again, and we opened 10 cents higher. There has been continued support around the 20D SMA...
Showing the verification of the fundamentals with technical support. Where my thoughts are on the NG market for the rest of the week. Keep it Burning!
The groundhog saw his shadow, and it is money in the bank for NG!!!!! HA!!! This week’s video will discuss the verification of the warm up last week and next week in the US. How another Elongated Polar Vortex (EPV), the ninth of the season looks to finally break the stratospheres back with a Sudden Stratospheric Warming (SSW) event. Although not so sure why...
It's a bit long, but my first video. I am explaining the upcoming February pattern. How and what to look for in the winter with long range synoptic weather models. I am expecting the upcoming week to be warmer than normal, but do believe that cold returns for an overall colder February. This is going to be influencing storage coming out of the demand season. This...
1/23/29 Mid week update Pattern forcing issues. Due to favorable wind patterns in the high latitudes, high pressure over Alaska, and the return of the seventh elongated Polar vortex, there is a better than average chance there will be a return to the cold and storminess after a relaxation in the bitter cold next week. The snow cover will aid the atmosphere in...
Weekly Update 1/29 – 1/25: Two things of importance this week to consider. First and always is the weather and second and always is the supply/demand storage balance. Models have been having some trouble the last four days in holding the Greenland blocking in place. Which is showing up as the arctic cold being displaced and not being injected into the North...
Today's briefing: As expected, the price gapped up at Sunday's opening from panic buying after the weekend model runs turning colder, bullish momentum from Friday, and news of Friday's LNG nominations at all time records. Unfortunately this was not enough to keep the gains versus the bearish news of Monday morning. Troubles at Freeport LNG facility and Sabine...
This weekends weather models trended a little warmer versus the model data midday Friday. With a break in the cold to below normal HDDs over the US late this week but trended further colder with an Arctic blast into the US Jan 19-24. The weekend models showed the GFS had been 4-5 HDDs colder until warming up a bit in the latest midday Sunday run to finish less...