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Author: natgasweather

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Bearish Weather Continues, Although Lighter Production Reducing Build Size Estimates
By natgasweather

Bearish Weather Continues, Although Lighter Production Reducing Build Size Estimates

May 22, 2023: June’23 nat gas prices were higher early Friday, then sold off to close 1¢ lower after the Baker-Hughes rigs report showed no change in US gas rigs. However, p

  • No Comments
  • May 22, 2023
Very Nice May Weather to Result in 3-5 Massive 100+ Bcf Builds
By natgasweather

Very Nice May Weather to Result in 3-5 Massive 100+ Bcf Builds

May 15, 2023: The weekend weather was little changed and still forecasts light to very light national demand through the end of May. This is expected to result in the next 3-4 EIA

  • No Comments
  • May 15, 2023
Cool Frist 5-Days of May, Although Very Light Demand Expected May 7-13
By natgasweather

Cool Frist 5-Days of May, Although Very Light Demand Expected May 7-13

May 1, 2023: Mixed trends in the weekend weather data, with the GFS gaining 9 TDDs on a mix of hotter and cooler trends but with the EC losing 2 TDDs. The GFS was forecasting 10-15

  • No Comments
  • May 1, 2023
Cooler Trends for Late April Rally Prices to Open New Trading Week
By natgasweather

Cooler Trends for Late April Rally Prices to Open New Trading Week

April 17, 2023: Interesting weekend weather trends, with the front 7-days little changed and with swings in national demand between light and moderate. However, the 8-15-day period

  • No Comments
  • April 17, 2023
Big Warmer Weekend Trends for Mid-April Drop Nat Gas Prices Further
By natgasweather

Big Warmer Weekend Trends for Mid-April Drop Nat Gas Prices Further

April 3, 2023: While the weather data trended colder Friday, it reversed strongly warmer over the weekend w/both the GFS and EC trending 30 HDDs warmer. Although, this late in the

  • No Comments
  • April 3, 2023
Light Demand Late This Week but Cool Shots Continue Late March Into April
By natgasweather

Light Demand Late This Week but Cool Shots Continue Late March Into April

March 22, 2023: The weather data over the past 2-days slowly added 5-8 HDDs, and that continued in the overnight GFS that gained another 3 HDDs. The overnight EC was slightly colde

  • No Comments
  • March 21, 2023
Colder US Weather Pattern Forecast March 8-16, if not Longer
By natgasweather

Colder US Weather Pattern Forecast March 8-16, if not Longer

March 3, 2023: April’23 nat gas futures closed 4¢ lower Thursday, ending the streak of higher closes at 6-days. Selling was aided by warmer trends, stout US production at ov

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  • March 3, 2023
Extremely Warm & Bearish US Pattern Most of Next 10-Days, Then Colder Feb 17-20
By natgasweather

Extremely Warm & Bearish US Pattern Most of Next 10-Days, Then Colder Feb 17-20

February 7, 2023: Unseasonably strong high pressure will cover most of the southern and eastern halves of the US this week with comfortable highs of 50s to lower 80s for very light

  • No Comments
  • February 7, 2023
Cold Pattern This Week w/Strong Demand.  However, Warmer Pattern Feb 5-13 Weighing More Heavily.
By natgasweather

Cold Pattern This Week w/Strong Demand. However, Warmer Pattern Feb 5-13 Weighing More Heavily.

January 31, 2023: Nat gas prices are further lower in overnight trade after the EC trended another 10 HDDs warmer. The overnight GFS was also warmer trending but by a more modest 5

  • No Comments
  • January 31, 2023
Weekend Weather Data Warmer Jan 25-28 but Much Colder Jan 29-Feb 5
By natgasweather

Weekend Weather Data Warmer Jan 25-28 but Much Colder Jan 29-Feb 5

January 23, 2023: While the weekend weather data trended warmer Jan 26-28 by delaying cold air over the Midwest from advancing eastward, the data trended sharply colder Jan 29-Feb

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  • January 23, 2023

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  • Bearish Weather Continues, Although Lighter Production Reducing Build Size Estimates
  • Very Nice May Weather to Result in 3-5 Massive 100+ Bcf Builds
  • Cool Frist 5-Days of May, Although Very Light Demand Expected May 7-13
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