Big Nat Gas Draw Coming In Weekly Report

Written by on February 19, 2014 in NatGasWeather - No comments

Cold Weather To Be Factored Into Coming Storage Draw

 

Weather during the coming storage draw week will include very cold temperatures over the northern US.  In fact, the entire week brought temperatures below zero to much of the Midwest and portions of the Northeast.  It wasn’t until late in the week that a strong Nor’easter brought much milder conditions to the Mid-Atlantic and Northeast coast.  The draw week started with cold air anchored over the northern US and a previous cold front stalled along the Southeast coast.  This led to the development of a strong weather system over the Southeast that led to several days of a wintry mess.  The storm then strengthened into a potent Nor’easter and brought heavy snowfall to much of the Mid-Atlantic and Northeast to close out the draw period.   Temperature anomalies when averaged over the entire draw period were very cold over the Midwest and into the Northeast.  The Great Lakes region saw the coldest conditions as lows were often well below zero, leading to temperature anomalies more than 15°F colder than normal.  That is a huge number to be averaged over an entire week.  Many analysts are expecting the coming draw to exceed -250 Bcf.   This seems very attainable when evaluating temperatures alone without considering brisk winds or amount of sunshine.  This would bring storage reserves near 1.4 Tcf and with this week yet to be factored in ahead of next weeks impressive Arctic blast, this should scare the markets into thinking dropping below 1.0 Tcf is becoming likely.

 

 

 

Below are selected images that highlight the weather over the draw period:

 

 

On Saturday a weather system will be tracking through the Southeast with moderate rains and a potential wintry mix near on the northern fringe into the colder air.  A band of light snow fall will track across the Midwest and Northeast.

The week draw week started with cold air anchored over the northern US and a developing winter mess over the Southeast.  The weather system tracked through the Southeast with moderate rains and a wintry mix.

 

 

Monday and Tuesday temperatures will be quite cold across the central and eastern US.  The image shows temperatures a few thousand feet off the ground in Celsius.  Dark blues and purples is were the extremely cold air is located and will lead to over night lows in the single digits  and teens. A hard freeze expected again over the much of the Gulf Coast.

Monday and Tuesday  of last week saw temperatures that were quite cold across the central and eastern US. The image shows temperatures a few thousand feet off the ground in Celsius. Dark blues and purples is were the extremely cold air is located and led to over night lows in the single digits and teens. A hard freeze again occurred over much of the Gulf Coast.

 

 

natural gas weather

Thursday Afternoon Weather: A major Nor’easter tracked along the Northeast Coast with heavy precipitation and strong winds. A Canadian Clipper was right on its heels moving through the Midwest.

 

 

 

natural gas weather, Water Vapor Satellite Image

Thursday Morning Water Vapor Satellite Image of Nor’easter.

 

 

natural gas weather

The image shows morning lows during the beginning, middle, and end of the draw period. Temperatures over the highest use states of the northern US were very cold during the entire week. The only night that was somewhat milder was the last day or two as the Nor’easter was ushering in warmer air into the Mid-Atlantic and Northeast coast. This image says it all. How can there not be a huge nat gas draw coming?

 

 

The image shows the average temperatures during the draw period.  The Midwest was brutally cold with temperatures more than 10-15F colder than normal.  That is a huge number to be averaged over an entire week.

The image shows the average temperatures during the draw period. The Midwest was brutally cold with temperatures more than 10-15F colder than normal. That is a huge number to be averaged over an entire week. Note how Mother Nature was so kind and brought these much colder than normal readings right through the highest population areas of the Northeast.

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