Forecasters

Consulting firm Global Insight has exceeded many other forecasters in predicting that Henry Hub gas prices will average more than $12/MMBtu this winter (November-March) as a consequence of massive cumulative supply losses totaling 8% of U.S. gas supply during the fourth quarter due to damage from hurricanes Katrina and Rita.

As prospects for a quick infusion of new reserves from the Arctic fade, Canadian’s are expecting higher gas prices and markets are encouraging them to believe they are right with their diagnosis that supplies are tight.

As prospects for a quick infusion of new reserves from the Arctic fade, Canadian expectations of natural gas prices are on the rise and markets are encouraging them to believe they are right with their diagnosis that supplies are tight.

Joining a number of other forecasters, Andover, MA-based WSI Corp. said last week that it expects the summer to bring sizzling asphalt and ice cream trucks to a majority of the U.S. The company said it looks for the July-September period to average warmer-than-normal temps in most locations, with the exception of the northern and central Plains, which will experience cooler than normal weather.

Joining a number of other forecasters, Andover, MA-based WSI Corp. said Monday that it expects the summer will bring sizzling asphalt and ice cream trucks to a majority of the U.S. The company said it looks for the July-September period to average warmer-than-normal temps in most locations, with the exception of the northern and central Plains, which will experience cooler than normal weather.

Projecting natural gas wellhead prices, and basically anything else concerning natural gas, hasn’t been easy for the Energy Information Administration (EIA). In fact, forecasting consumption, production and prices for just about any other energy commodity has been easier.

Projecting natural gas wellhead prices, and basically anything else concerning natural gas, hasn’t been easy for the Energy Information Administration (EIA). In fact, forecasting consumption, production and prices for just about any other energy commodity has been easier.

New York City-based Weather 2000 said that while it is far too early to predict any specific early fall warm-ups or technical Indian Summer episodes, “our old friend,” the Warm-West/Cool-East Pattern, is expected to “stay for September.”

While taking somewhat different sides regarding what areas of the country will be warm over the next few months, forecasting firms Weather 2000 and AccuWeather Inc. agree that the Southeast and South Central areas of the United States probably are in for an active September as far as tropical storm/hurricane activity is concerned.