Weather Models Struggling With Nov 24-28th Pattern

Written by on November 15, 2017 in NatGasWeather - No comments

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Wednesday:  The weather data is split on the pattern November 24-28th between warm and cold camps. The GFS weather model has been notably colder than the rest of the data the past several days and favors weather systems continuing into the eastern US after Nov 24th, such as the right panels depict. Most of the rest of the weather data is much warmer with the after Nov 24th pattern, especially the European model, shown in the left panels.  Nat gas futures winter strip prices eased off once the data started showing the potential for warmer patterns in all but the GFS data, although all time record production set earlier this week also seemed to aid the price decline.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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