Overnight Wx Models A Little Milder

Written by on October 16, 2018 in NatGasWeather - No comments

Tuesday, October 16: All overnight weather models lost some demand around Oct 25-27 by better locking on to a break between weather systems/cold shots. The image shows Heating Degree Day trends compared to 24-hours ago, highlighting warmer trends and lighter demand for Oct 25. Prices were solidly higher overnight but then sold off as the overnight weather data lost a little demand. It’s still a solidly mostly colder than normal pattern, just not as impressive in the overnight data.  The images below highlight the milder break around Oct 25-27, seeing it as milder trending compared to 24-hours ago to lose HDD’s across much of the country.

 

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