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TFC Commodity Trading Forum

NG turnaround

Storage numbers are delayed until tomorrow and given my track record I'm not going to hazard a guess. However, all models - short and long range, dynamical and statistical agree on the settling in of winter over the NE and Ohio Vally for least the next 2 weeks. The next Northeaster will bring substantial snow right into NYC on Saturday, and the NE has the most extensive snow-pack its had all year on the ground this morning. So this morning's rise in NG is probably just the start of a good run-up - the weather reality is finally settling in.