Reprinted from The Desk, Friday, October 26, 2007

Friday, October 26, 2007 Drilling, Demand, Dust, Storage, Weather and Other Meaningful Stuff Anybody notice that this week there seemed to be an extra share of bearish inputs from across the gas market as we head into what looks like a pretty tame Winter heating season? EIA comes out with a redo of sorts about […]


Societe Generale Investment Bank Publication December 2009 pg. 23

Societe Generale Investment Bank Publication December 2009 pg. 23 Buy optimised US Natgas Mar-10 call spread on likely very cold winter weather This option trade is highly sensitive to this winter’s weather outcome. Despite the lack of consensus among weather forecasters, two schools of thought have emerged: one expects a strengthening of this autumn’s El-Nino […]


April 22 - Long Range Summary

Unseasonably cold air in place across the majority of the Eastern half of the U.S. this past weekend will briefly moderate closer to seasonal temperatures after a very cold start to the day Monday featuring overnight frost conditions deep into the mid South and Southeast. However, a final surge of cold Canadian air forecast to focus more directly into the Midwest and East midweek has models shifting markedly colder (15°-20° below average) for a 1-2 day period Wednesday-Thursday along with some mountain snow in the Northeast. Late week pattern change is certain to effectively end cold air transport into the U.S. while directing less intensely cool Pacific storms back through the West. This will end the extended period of well above average warmth underway west of the Rockies into midweek, but periodic rain-cooled temperatures (mainly 7°-10° below average daytime highs) starting during the latter half of this week (Apr 25-27) will be far from extreme. As the West cools the warmest air yet this year will flood most of the Midwest and East generating near 15° above average temperatures more typical of late May or early June for several consecutive days during the 6-10 day period. Models are highly uncertain with timing, track, and strength of the series of Pacific storms once they eject east of the Rockies. However, rain-cooled Eastern conditions are near certain to remain weak with the 11-15 day period marking the 1st opportunity for multiple days of temperatures closer to seasonal levels, in an otherwise mild late spring pattern likely to be warmest (relative to average) across the northeast quadrant of the U.S. during most of May.


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