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Winter 2023-2024


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  • 1 month later...
  • 2 weeks later...

2 takes.

Natural Gas record low: https://ibb.co/2vrfcHK

ENSO subsurface changes: https://ibb.co/ZgvkXCY

ON NATURAL GAS: Since 1998, top 7 +Natural Gas analogs for February averaged 8.3, bottom 4 Natural Gas analogs for February averaged 2.2. We are at 1.97, the 3rd lowest on record in that time, fitting the extreme situation guideline.

Here are the top 11 +analogs for March.. based on Feb's NG price:

https://ibb.co/6wKqgDf

https://ibb.co/Hp0zZqW

^that's Feb high/low NG price rolled forward into March (so a +1 month lead time).  I don't know that March's warmth will be that extreme, because a lot of LR models (GEFS, EPS, Euro) are showing below average temps through the 21st, but we probably will finish the month above normal in the NE. 

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100dm is an amazing signal for something not even really related!

Furthermore, my analog set is 1998-2023.  I have 11 analogs out of the dataset.. so 11/25 years.. 41% of the total. To have a +7F average anomaly (+ and - .. more - years, for the global warming skew.. 7/11 are cold analogs) for 40% of a dataset in 25 years is amazing!  

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23 hours ago, Stormchaserchuck1 said:

2 takes.

Natural Gas record low: https://ibb.co/2vrfcHK

ENSO subsurface changes: https://ibb.co/ZgvkXCY

ON NATURAL GAS: Since 1998, top 7 +Natural Gas analogs for February averaged 8.3, bottom 4 Natural Gas analogs for February averaged 2.2. We are at 1.97, the 3rd lowest on record in that time, fitting the extreme situation guideline.

Here are the top 11 +analogs for March.. based on Feb's NG price:

https://ibb.co/6wKqgDf

https://ibb.co/Hp0zZqW

^that's Feb high/low NG price rolled forward into March (so a +1 month lead time).  I don't know that March's warmth will be that extreme, because a lot of LR models (GEFS, EPS, Euro) are showing below average temps through the 21st, but we probably will finish the month above normal in the NE. 

This is what I have for March:

1951-2010:
AVvXsEjMYXgTPAilnNN_IPT0LtluuwCmHZ-wQgTi

 
 
 

1991-2020: 
AVvXsEidbBwqIU2TPlYngGR4SNiJeL28gQ0jP5oE
 
 
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Natural Gas is still just absolutely tanking.. got as low as 1.59 today. 

c3.png.1387fa276362951974844524fc344df0.png

Believe it or not, going 1 year ahead (for Winter 2024-25) doesn't have a very high correlation:

Long term graph since 1995, https://ibb.co/4td0sCG

Lowest years the Winter before (2012, 2016, 2020) for the following winter: https://ibb.co/Kzxhtc8

Minus the highest years (-2008, -2022): https://ibb.co/kGxqBD3

There is even a -AO tendency with 3 cold waves around it, in these 5 analogs,  and +pna signal, and that's colder, so not a real strong indicator going 1 year out... 

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  • 3 weeks later...
1 hour ago, Stormchaserchuck1 said:

Here's your -AO look:
1000648074_1(3).png.6058b31aa027a32cb19557edd2942d59.png

I thought a Strong El Nino/Strong -QBO combo would do that.. we had a few Stratosphere warmings. The Pacific Ocean pattern kept North America warmer.. 

near total lack of cold air except siberia

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  • 1 month later...

@40/70 Benchmark
The CPC came with +0.75 NAO for DJFM March, which was outside of my +0.54 SD range for NAO forecast, based on May-September N. Atlantic SSTs. But if you look at the actual maps, the SLP between Iceland and Azores (where the NAO is calculated) is a slightly negative or neutral NAO index reading for the Winter, which fits my forecast, which was near 0.0 in prediction.

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Yeah, Natural Gas is really low right now, which means that the average NG trader is going for a warmer Winter at this point for the Great Lakes, NE-US, Europe, and Russia. (Down 10% today!)

4-24a.png.295ea5546fa4b5bbd69fe683f3fe0d0d.png

Especially compared to Oil and Gasoline.. 

I did find that the correlation isn't very big until you pass the Summer-hot season. Maybe they think it will be a cooler Summer? I doubt it.. 

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