Natural Gas Outlook: US Prices Sink Despite Global Supply Disruptions 2021-01-20 04:30:00 Thomas Westwater, Analyst
Natural Gas, Global Supply Disruptions, Colder US Temperatures – Talking Points
Updated NOAA 8-14 day outlook drags US natural gas prices lower
EIA inventory levels continue to stabilize towards longer-term average
Global supply disruptions continue after cold shock moves through Asia
US natural gas is trading at multi-week lows after the National Weather Service’s Climate Prediction Center released an updated 8-14 day temperature probability outlook on Tuesday. The updated forecast shows warmer-than-average temperatures expected across the southern United States, extending up through portions of the Northern Plains. Demand expectations were tempered, dragging prices down near the 2.5 handle.
Tuesday snowstorm might favor lower elevations in Southwest Colorado
Durango, Colorado Currently Fri 60% chance of precipitation 7% chance of precipitation
Durango, Bayfield cancel in-person learning By Patrick Armijo Education, business & real estate reporter
Tuesday, Jan. 19, 2021 5:03 AM Updated: Tuesday, Jan. 19, 2021 6:10 AM JERRY McBRIDE/Durango Herald file
A snowplow driver with the Colorado Department of Transportation hooks a blade to a truck in February 2012. A storm is shaping up to be unusual. It might favor Durango and lower elevations in the river basins of Southwest Colorado over the higher peaks of the San Juan Mountains. Snow is expected to begin flying early Tuesday.
In a winter when a normal amount of snowfall in Colorado wonât be enough to adequately counter the effects of ongoing drought, snowpack accumulations so far are heading in the wrong direction, currently at about three-quarters of normal.
Statewide snowpack was at 74% of median Thursday, with percentages even lower in area basins, at 68% for the Gunnison River Basin and 70% for the Upper Colorado River Basin, according to Natural Resources Conservation Service data.
Local conditions are worse, with measurements ranging from 46 to 57% at NRCS Grand Mesa snowpack-measuring sites, and at 66% for the Plateau Creek drainage.
While conditions can change, the NRCS said in a Jan. 1 water supply outlook report for Colorado that current streamflow forecasts during the snowpack runoff season âfor April through July range from a high of 98% of average for the Cucharas River near La Veta, to a low of 42% of average for Surface Creek at Cedaredge.â
(Reuters) - There is an about 95% chance of the La Nia weather pattern prevailing through the Northern Hemisphere winter from January to March, a U.S..
La Nina to persist until March, says U.S. weather forecaster
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Last Updated: Jan 14, 2021, 08:20 PM IST
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Synopsis Below-average sea surface temperatures (SSTs) extend from the western to the eastern Pacific Ocean, and reflect the continuation of La Nina, the National Weather Service s Climate Prediction Center said.
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There is an approximately 95% chance the La Nina weather pattern will prevail through the Northern Hemisphere winter from January to March, a U.S. government weather forecaster said on Thursday. Below-average sea surface temperatures (SSTs) extend from the western to the eastern Pacific Ocean, and reflect the continuation of La Nina, the National Weather Service s Climate Prediction Center said.