Thursday, January 9, 2025

Natural gas, and we're off to the races

 


Gas draw is many times that of last year, or the 5 year average, and the mid-west is huge.


It's going to take a while for the traders to absorb all this.  They aren't the sharpest tools in the shed.

ps Although there has been no change in the middle Pacific for a year, they are now declaring La Nina, and saying it is so weak that 2025 is still on track to be the hottest year yet.  I am gobsmacked.


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