Meteorologists

WSI Sees Late Spring/Early Summer Warmth for U.S.

With the 2006-2007 winter now mostly in the rear-view mirror, traders and meteorologists alike are turning their attention to what kind of temperatures spring will bring to the United States. According to Andover, MA-based WSI Corp., the April through June forecast is expected to average warmer than normal in all locations except for the Pacific Coast states, which could start the natural gas storage injection season sooner than normal, but push electricity loads high enough in June to be bullish for power prices in the Midwest markets.

March 26, 2007

WSI Sees Late Spring/Early Summer Warmth for U.S.

With the 2006-2007 winter now mostly in the rear-view mirror, traders and meteorologists alike are turning their attention to what kind of temperatures spring will bring to the United States. According to Andover, MA-based WSI Corp., the April through June forecast is expected to average warmer than normal in all locations except for the Pacific Coast states, which could start the natural gas storage injection season sooner than normal, but push electricity loads high enough in June to be bullish for power prices in the Midwest markets.

March 20, 2007

Blankets Optional? NOAA Continues to Call for Warm Winter

Backing up its preliminary winter 2006-2007 forecasts from October (see NGI, Oct. 16; Oct. 23), meteorologists at the National Oceanic and Atmospheric Administration (NOAA) on Thursday reiterated once again that this season is likely to be warmer than the 30-year norm (1971-2000) across much of the nation, yet cooler than last year’s very warm winter season. If the forecast holds up, natural gas and power prices during this heating season could soften.

November 20, 2006

Blankets Optional? NOAA Continues to Call for Warm Winter

Backing up its preliminary winter 2006-2007 forecasts from October (see Daily GPI, Oct. 11; Oct. 23), meteorologists at the National Oceanic and Atmospheric Administration (NOAA) on Thursday reiterated once again that this season is likely to be warmer than the 30-year norm (1971-2000) across much of the nation, yet cooler than last year’s very warm winter season. If the forecast holds up, natural gas and power prices during this heating season could soften.

November 17, 2006

Intense Summer Heat Should Bring Out the Gas, Power Bulls

The weather forecast for July and August looks pretty bullish for natural gas and power prices, according to WSI Inc. Meteorologists at WSI are calling for warmer than normal weather in most regions of the country for both months, except for the North Central region in July — North Dakota, South Dakota and Minnesota should see colder than normal temperatures in July.

June 21, 2005

AccuWeather.com Warns of Early Winter Potential

It might be smart to get out the heating blankets a little early this winter, according to AccuWeather.com meteorologists, who are predicting winter could get an early start in the Great Plains, Great Lakes and Northeast as below-normal temperatures are forecasted for the period October through December. The State College, PA-based forecasting agency predicted the potential early start to winter in its latest 30 to 90-day forecast.

October 4, 2004

AccuWeather.com Warns of Early Winter Potential

It might be smart to get out the heating blankets a little early this winter, according to AccuWeather.com meteorologists, who are predicting winter could get an early start in the Great Plains, Great Lakes and Northeast as below-normal temperatures are forecasted for the period October through December. The State College, PA-based forecasting agency predicted the potential early start to winter in its latest 30 to 90-day forecast.

September 30, 2004

Meteorologists Agree: Baby, it’s Cold Outside

Most of the folks in the Lower 48 states apparently won’t be reaching for their flip-flops and suntan lotion anytime soon. Salomon Smith Barney meteorologist Jon Davis warned the “WINTER IS NOT OVER!” last week and a number of other weather forecasters agreed.

March 3, 2003

Meteorologists Agree: Baby, it’s Cold Outside

It appears that most of the Lower 48 states will not be reaching for their flip-flops and suntan lotion anytime soon as a number of weather forcasting agencies are calling for winter weather to go on, and on, and on. While pointing out that the storm now approaching the East will not be as fierce as the President’s Day “city storm,” Salomon Smith Barney meteorologist Jon Davis warned “WINTER IS NOT OVER!”

February 25, 2003

Futures Rally on Private Weather Forecasts, Bullish Storage Expectations

Boosted by another bullish weather forecast from Salomon Smith Barney meteorologists, natural gas futures spiked to new two-year highs Wednesday as fund and local buying converged at Nymex. The March contract received the biggest buying boost as it topped out at $6.20 before being deposited lower by light afternoon profit taking. It settled at $6.134, up 22.3 cents for the day.

February 20, 2003