Blue Lacy Advisors, LLC - End of November Natural Gas Market Commentary
Minneapolis, MN | November 28, 2022 | By: Steve Sinos, Blue Lacy Advisors, LLC
Natural Gas
Until the most recent cold front passed through, November was on pace to accumulate the second fewest heating degree days (“HDD”) on record. That spike in demand should cause the withdrawal season to begin, setting the tone for prices into the first quarter of 2023. Commodity Weather Group’s most recent model updates suggest moderation after the weekend. NOAA’s public models align with this expectation, showing a greater than 50% probability that the balance of the winter will be warmer than normal in the most densely populated areas of the US.
*This summary is based off November 17, 2022
A free excerpt, such as this one, will be published on a delay periodically. This is an excerpt from Blue Lacy Advisors, LLC's (“Blue Lacy”) weekly commentary for clients, which is based on a collection of models, research/analytical subscriptions, and bespoke work. Each week Blue Lacy explores how market drivers included in these analyses might affect or be used in clients' planning, budgeting, and execution of strategy. Call Blue Lacy to make an appointment today!
Meet the Author!
Email: Sinos@bluelacyllc.com
Phone: +1-832-413-3124
Website: www.bluelacyllc.com
Steve has spent his career in strategy, risk, trading, and investment. He works with investors to source investments in opportunistic or high growth sectors, with particular interest in early-stage companies solving clearly defined problems.
He is currently a Managing Partner with Blue Lacy Advisors LLC, giving management teams and investors confidence in their decision making by supporting strategic planning and execution, risk management, commodity trading, and market analysis.
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