Energy Insider Blog

Choppy Trading - Storm in Gulf and its Affect on Natural Gas Trading

Posted by Alberto Rios on Aug 1, 2012 2:29:00 PM

Tropical Weather Outlook and Energy Management 

After some choppy trading, Natural Gas futures are pulling back slightly. A shift in forecasts are calling for less intense temperatures for the first two weeks of August.

Regarding activity in the tropics, conditions are conducive for gradual development of a tropical cyclone (60% probability during the next 48 hours). There is still some disagreement on computer models’ path, but a high pressure system in the Gulf could push it south of the producing region.

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Topics: Acclaim Energy Advisors, energy management consulting, risk management, weather outlook, natural gas


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