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Strategies & Market Trends : Strictly: Drilling II

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To: Roebear who wrote (20887)10/29/2002 2:20:24 PM
From: isopatch  Read Replies (1) of 36161
 
Roebear. 10 day ST temp forecast stays cool

grads.iges.org

For the new folks here, not familiar with our little NG weather discussions, scroll down to the 3rd map and note that we're seeing more of same - much cooler than normal - temps for this time of year.

Remember folks, NG is a weather market from here on. Temp patterns and trends are especially important in the mid-western states as that's the largest NG consuming region in the US. The coasts use a lot of heating oil along with NG for heating. So we don't focus quite as much attention there.

Of course, it always helps prices to freeze the butts of the NYMEX floor traders, a few times each heating season, on their way to work.<G>

Isopatch
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