Following Friday’s sharply lower physical natural gas prices, deliveries for Tuesday proved to be a mixed affair.
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NGI The Weekly Gas Market Report
The Blob No Match For Godzilla El Nino, Say Forecasters
A band of warm water lurking in the Pacific Ocean off Washington’s coast could emerge to impact winter weather patterns in the United States, but it likely is going to be trampled by a monster El Nino, according to weather forecasters.
AccuWeather Sees Mild Winter Weather Ahead For Northeast
The upcoming winter will be influenced by an intensifying El Nino effect, bringing relatively mild weather to population centers in the Northeast and drought relief to California, according to AccuWeather’s 2015-2016 U.S. Winter Forecast, which was released Wednesday.
Traders Mull El Nino, Spring; November Called Unchanged
November natural gas is set to open unchanged Monday morning at $2.45 as traders question the amount of remaining market downside and focus on distant buying opportunities. Overnight oil markets rose.
Physical NatGas Rockets Higher, But Futures Bump to Mixed Close
Physical natural gas for Tuesday delivery rose sharply in Monday’s trading as traders factored in higher next-day power demand and may have had to balance accounts for shortfalls incurred over the weekend.
El Nino 2015 Could Be Among Strongest Ever, NOAA Says
The El Nino event in the Pacific Ocean this year could be one of the strongest ever recorded and influence weather patterns across the United States well into 2016, according to forecasters at the National Oceanic and Atmospheric Administration’s (NOAA) Climate Prediction Center.
El Nino Could Warm Northern U.S. This Winter, Forecaster Says
A strengthening El Nino event in the Pacific Ocean could bring some bad news for the natural gas industry in the form of a warmer-than-normal winter across the northern tier of the United States this year, according to forecasters at MDA Weather Services.
El Nino Could Bring Drought Relief to California
Parched California and some parts of the Southwest may get some welcome drought relief this coming winter if current predictions for a strong El Nino effect pushing the jet stream southward holds up. AccuWeather forecasters said the factors contributing to El Nino have strengthened a lot during the past month.
NGI The Weekly Gas Market Report
El Nino Could Bring Drought Relief to California
Parched California and some parts of the Southwest may get some welcome drought relief this coming winter if current predictions for a strong El Nino effect pushing the jet stream southward holds up. AccuWeather forecasters said the factors contributing to El Nino have strengthened a lot during the past month.
New Natural Gas-Fired Facility, Mild Weather Spell Plenty of Summer Capacity, Says ERCOT
Texas should have plenty of generation capacity, natural gas and otherwise, to deal with an expected mild summer and the startup of one big gas-fired facility sooner than expected, officials with the Electric Reliability Council of Texas (ERCOT) said Monday.