Submitted by Tyler Durden on 12/29/2015 12:00 -0500
Having collapsed to record lows last week, NatGas futures have soared almost 40% as record warm temperatures in the Northeast (and a record glut) have given way to forecasts of a “big weather pattern change” in January.
As The European Centre for Medium-Range Weather Forecasts notes, January will see a huge flip in temperatures compared to December…
From ‘Hot’ to ‘Not’
h/t @DanLeonard_wx
And it appears February Nattie is pricing that demand in…
In fact, as WLKY reports, in past El Ninos that peaked early like this year and had the core the warm water in the Pacific out in the central part of the ocean… like this year… the last half of winter was much colder than the first half of winter 90% of the time.
Bye Bye Q1 GDP!!
Wait till Feb – that GloBull Warming will shrink your favorite part.
Climate Change. Climate Change. Our weather is BEING changed. People are making lots of $$ of all this so called “change”. However, the TRUTH can never be hidden for ever. A natural law. Watch what happens when the people begin to really wake up.
@Sadona Rocks
Are you suggesting that TPTB are controlling the weather?
Shit! Sloppy and wet is good for a couple of things, one in particular, but winter weather is not one of them! I’ve been enjoying our real winter (so far) immensely. If this forecast is true I can kiss that goodbye.
I hear February is full-on Polar Vortex for Philly.