Natural gas close up burner by Freer Law via iStock

Underwater volcanoes, the delay in La Niña, and implications for the natural gas market

Jim Roemer Best Weather Inc. Fri Nov 1, 2024
Natural gas close up burner by Freer Law via iStock

(NGZ24) (TGZ24) (UNG) (BOIL) (KOLD) 

“Underwater volcanoes, the delay in La Niña, and implications for the natural gas market”

by Jim Roemer - Meteorologist - Commodity Trading Advisor - Principal, Best Weather Inc. & Climate Predict - Publisher, Weather Wealth Newsletter 

  • Weekend Energy Report - November 1-3, 2024

To View Video   > > >   Please   Click   Here        

In this video, I talk about the following:

 

1) What is the Western Pacific Warm Pool and why it has delayed La Niña

2) How the 2022 Tonga volcanoes may have contributed to the western Pacific warming

3) How our computer program www.climatepredict.com forecasted a warm autumn that has pressured natural gas prices

(available to subscribers to our newsletter WeatherWealth)

4) An historical look at why natural gas prices have fallen in four out of the last five consecutive autumn-to-early-winter periods.

 

Given the record warm oceans and Gulf of Mexico, a tropical storm or hurricane is not out of the realm of possibilities for November 7th-8th.

Sign up for a two-week free trial period to WeatherWealth and you can see our recent trading strategies for coffee, sugar, grains, and more and how to potentially trade these markets in the future.


 

https://www.bestweatherinc.com/new-membership-options/.  (sign up here… UNLESS you have already gotten a free trial or free sample issue!!!) Repeat “moochers” will be blocked.

Thanks for your interest in commodity weather!

Jim Roemer, Scott Mathews, and The Weather Wealth Team 

Mr. Roemer owns Best Weather Inc., offering weather-related blogs for commodity traders and farmers. He also is a co-founder of Climate Predict, a detailed long-range global weather forecast tool. As one of the first meteorologists to become an NFA registered Commodity Trading Advisor, he has worked with major hedge funds, Midwest farmers, and individual traders for over 35 years. With a special emphasis on interpreting market psychology, coupled with his short and long-term trend forecasting in grains, softs, and the energy markets, he established a unique standing among advisors in the commodity risk management industry.


 


On the date of publication, Jim Roemer did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.