Sunday, December 17, 2006

Natural Gas

I'm crunching on school projects with my daughter tonight, but a quick comment on natural gas. Right out of the gate, it's down more than 2% to $7.235 per decatherm. Today, in mid-December at just a week before astronomical winter begins, we were outside wearing light jackets enjoying mild weather again. As far north as my home away from home, Williamsburg, Virginia, the mercury will climb to 70f degrees tomorrow. If you love mild weather when it's supposed to be cold - it's great, though it's a little weird as well. Global warming is quite a reality and the next target to the downside on nat gas would appear to be at just above $7.

The Intellecast Observed snow cover map shows no snow depth above 16" in the Northeast and pretty much out to the Continental Divide!

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