NatGasWeather

  • Will Oil Rigs Count Continue to Plummet?
    April 17, 2020, No comments

    Friday, April 17:  Oil prices are again lower today and under $18. This suggests further losses in US oil rigs for this afternoons Baker-Hughes rigs report. It will be watched very closely as it already has dropped a huge amount of oil rig ...

  • Cold vs Normal Next 7-Days. Not Cold Enough After.
    April 14, 2020, No comments

    Tuesday, April 14: The overnight weather data was mixed with the GFS model gaining more than 10 HDD’s on colder trends April 21-28th. However, the European model didn’t agree and trended slightly milder, losing 3 HDD’s. This makes the ...

  • Colder Trends Holding April 9-19
    April 7, 2020, No comments

    Tuesday, April 7:  It’s been a long time since the 8-15 Day Outlook looked as blue/bullish as it does currently, like since last November. It was clearly disappointing to the nat gas markets this winter season was so warm, although i ...

  • Weather Data Trends Colder Northern US April 10-15
    April 2, 2020, No comments

    Thursday, April 2: Weather patterns trended colder yesterday across the northern US for April 10-15th, then trended further colder for this period in the overnight data with both the GFS and European models gaining several more HDD’s on t ...

  • Weekend Weather Data Trend Milder
    March 30, 2020, No comments

    Monday, March 30: The weather data trended cooler late last week, especially in the European model. However, the weekend data reversed course and flipped back milder with both the GFS and European models both losing a rather hefty 15 HDD’ ...

  • Weather Data Reverses Back Milder
    February 28, 2020, No comments

    Friday, February 28: April’20 nat gas futures closed sharply lower by 8¢ Thursday, aided by warmer trending weather data and a rather large/bearish EIA storage report miss. The overnight weather data trended further milder with the G ...

  • Weather Data Gains Some Demand Back
    February 26, 2020, No comments

    Wednesday, February 26: March’20 nat gas prices closed slightly higher Tuesday with expiration at today’s close. The overnight weather data trended further milder for late this week and this weekend with less impressive amounts of cold ...