Arctic Cold Into the Weekend, But Milder for Mid-January

Written by on January 3, 2018 in NatGasWeather - No comments
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Wednesday:  While record breaking cold will continue into the weekend for exceptionally strong demand, the weather data is rather mild with the pattern Jan 15-18th. Prices could be easing off so far today due to this.  The above image shows temperatures vs normal around January 17.  How long this milder ridge lasts will be of great importance to the nat gas markets, especially when considering deficits in supplies will be increasing to nearly -400 Bcf after the next few EIA storage reports are accounted for.
















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