Tuesday, January 11, 2022

Lots of cold for US Northeast


Yeah, the clipper hits them, leaving the south warm.  For phillies, we can explain clippers as hot cats, and cold dogs.  They only fight at the boundary.

Natgas is finally on the move.  The demand will increase when all the space heaters blow up.  Electricity must be held at low for some reason.

the price is lower than the gas put in storage.  That can't last.  In the fall, they worried that storage would run out, and now it looks more likely.  I expect it to zoom, but I've been wrong here a million times.  Natgas prices are a group-think thing, and not logical.  You are betting against the intellectual crowd.


brent said...

This cold is a lit more than the weather man predicted.

Harold Asmis said...

I know. They were going for -15, then it was -21.