Tueday Mid-Day Pattern Update

Written by on May 20, 2014 in NatGasWeather - No comments
Tuesday Mid-Day Pattern Update

 

Mid-Day Pattern Update: The forecast data continues to stream in and thus far there are no surprises. Everything is still on track for very pleasant US temperatures through this weekend with pockets of cooler conditions over the West and later this week the Great Lakes and Northeast. The southern US will drive some modest demand for cooling as highs warm into the 80s and lower 90s along with increasing humidity. The warm up next week is still on track to develop over the West and then gradually push into the central US to close out May and into the first week of June. The weather data continues coming around to the warmer pattern we were expecting as the ridge flexes its muscle and expands to cover much of the US apart from the West coast and Northeast. This will bring much warmer than normal temperatures over a majority of the US and increasing demand for cooling. It is not an exceptional heat wave by any stretch, but it is going to come in a bit more impressive than what national forecasts are expecting. Today’s up move shows there is some follow through and maybe the big players are buying into the threat that the coming heat could slow down the pace of building supplies. If so, this could be a very bullish sign.

 

Mid-Day Pattern Image

Mid-Day Pattern Image

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