Cold next week could make nat gas prices soar

Would increase energy demand for nearly 118 million people.

Really cold air coming in next week, says meteorologist Ari Sarsalari. Temperatures will be well below average for this time of year in many of the northern tier states, the upper Midwest and northern plains. The high temperature in Minneapolis may climb to only one degree F (-17 C). (Link to video below)

“The Global Forecast System (GFS) weather model shows for the next 6-10 days, below-average temperatures could be seen up and down the East Coast,” says zerohedge.com. “The result of colder than average temperatures would increase energy demand for nearly 118 million people, reported Ed Vallee, head meteorologist at Empire Weather, adding that increased energy demand could put a bid in natural gas spot prices.”

Natural gas article:
https://www.zerohedge.com/commodities/natgas-ready-soar-next-cold-pattern-could-spark-energy-demand-118-million-americans

Video with meteorologist Ari Sarsalari:
https://www.wunderground.com/video/top-stories/widespread-cold-in-central-eastern-us-next-week

Thanks to Bill Sellers for these links

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December 5, 2019 at 09:46AM

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