Good morning everyone, below is your latest AM Energy Report: Notes: No major changes again overnight. The EPS got a bit warmer towards the end, but HDDs in week 2 are generally rising as the warmest air works into week 1. That said, we still do not see any notable…
Good morning everyone, below is your latest AM Energy Report: NOTES: No major changes overnight... the next two weeks look to run very warm overall with much below normal heating demand. Regarding any kind of a pattern flip, there remain no strong signals for a better Polar Vortex placement which…
Good afternoon everyone. We hope that all of you had a Merry Christmas and are having a Happy Holiday season. Today's Week Ahead discussion will focus on a major pattern flip to close 2022 and start 2023 and our updated January thoughts. Overall, model agreement for very low demand and…
Good morning everyone, below is your latest AM Energy Report: NOTES: The overnight EPS once again trended warmer as the week 2 period is expected to run substantially warmer than normal for the Eastern US. This is not dissimilar to how both November and December started with warmth. That said,…
Good afternoon everyone, below is your latest PM Energy Report: Weekend Notes: We need to watch two specific periods over the weekend for trends. The first is for additional warmer trends ahead of the storm system late next week (~22nd). That said, with a snow pack potentially laid down, colder trends…
Good morning everyone, below is your latest AM Energy Report: Notes: Some slight warmer trends overnight once again mainly ahead of our targeted storm systems. That said, data remains very cold leading up to Christmas and the forecast remains among the top 5-6 coldest on record for the Dec. 20 -…