Tuesday Pattern Update

Written by on June 3, 2014 in NatGasWeather - No comments
Tuesday Mid Day Update

Mid Day Update:


Another very warm day across the southern US but much more pleasant with areas of showers across the northward. This pattern will last all week before slight cooling this weekend. High pressure is still on track to build into the south-central US next week and then expand into the Midwest and much of the east into mid June with warm hot conditions spreading. The latest weather models are again inconsistent but have at least come around to our expectations of warmer/hotter conditions setting up into mid June. They still however are struggling on whether high pressure will hold over the central and eastern US as there will be weather systems attempting to move through the northern US and may have some success weakening and shifting the ridge. We still think the weather patters will end up playing out warmer than the weather models and markets expect. The convection around the tropical circulation in the southern Gulf of Mexico continues to improve, but it is still a long ways from becoming anything threatening. The weather data continues to suggest weather patterns will be bearish with good builds to come. But next weeks hotter conditions could peak the markets interest and should shave the numbers back a bit, especially if the heat can last a bit longer than the markets are expecting, which we think has the potential to happen.


Attached Image: Heat signature just off the surface late next week as hotter temperatures spread out of the south-central US, with the heat focused on Texas.




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