Friday, March 25, 2022

Natgas finally zooms

 


Those traders only look out their window for the temperature, and they totally believe the gretas.  I always thought that's why they would be caught.

Storage is still diving to the bottom of the tank.


When this huge cold blob hits, watch it go right down.  At the same time, the lng shipments are increasing to save Europe from Russia, but I don't think that's significant compared to cold.  This cold spell will zoom things, and heaven forbid there should be another one after that.  I think it's likely.

The degree-days will be high this year, and higher next year.  And the warmies have stories, which are more powerful than physics.  


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