A Very Bullish Scenario Coming For Natural Gas
Mother nature is about to make a bold statement. The weather outlook over the coming weeks looks to be very bullish for natural gas demand.
There is still a good chance that this weather outlook does not materialize, but from what we see right now, the blocking pattern in Alaska and Greenland should result in the material cold in the Lower 48.
It is so cold that if you compare our draw estimates, you would be surprised to see how large it is to the 5-year average.