Monday, January 25, 2016

Monday, January 25, 2016: Measuring Snow In A Blizzard Is Tough Thing To Do -- Senior Weather Observer At Reagan National Airport, But We Know The Earth Will Be One Degree Warmer In 100 Years; The Science Is Settled On That One

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RBN Energy: Why The Recent Crude Price Collapse Was Unusually Severe --
On Friday (January 22, 2016) West Texas Intermediate (WTI) crude prices on the CME/NYMEX futures exchange closed up $2.66/Bbl – the second day of a recovery from their 28% plunge during the first 20 days of 2016.
The jury is still out on whether the recovery will be sustained.
There was a similar (though less pronounced) price decline a year ago in January 2015 that did not last very long at the time. But in comparison the price destruction during this month’s collapse was unusually severe - not just because we saw prices under $30/Bbl for the first time since 2003. Today we explain why the extent of the price destruction along the forward curve this time suggests that last week’s recovery may be short lived.
Earnings:
Stories to come back to later:
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"Measuring snow in a blizzard is a tough thing to do."
Especially when you lose the yardstick. 

This story was posted by numerous outlets prior to the blizzard: Soldiers Continue Guarding Tomb of the Unknown Soldier Despite Blizzard.
A little snow isn’t going to stop them! The 3rd U.S. Infantry Regiment’s Old Guard will continue guarding the Tomb of the Unknown Soldier despite historic blizzard conditions on the East Coast.
The Old Guard has watched over the tomb at Arlington National Cemetery in Washington, D.C. 24 hours a day, 365 days a year since 1948.
The cemetery will be closed to visitors as Winter Storm Jonas pummels the area.
“These guys will be out in the snow, no matter what,” Major Russell Fox, a spokesperson for the Old Guard, told ABC News. “They love what they’re doing and they’re dedicated.”
Meanwhile, over at Reagan National airport, they "lost" the measuring stick to which tracks snow accumulation. From the linked story above:
On Sunday, Mark Richards, the senior weather observer at National, stood by the accuracy of the reading, saying his team did the best it could under tough conditions.
"Everyone has to understand that measuring snow in a blizzard is a tough thing to do," Richards said. "We would like it to be as accurate as possible," he said. "But it's an inexact science."
However, Bob Leffler, a retired NWS climatologist told the Post that the loss of the snow board may have resulted in Reagan National's observers underreporting the true total amount of snowfall by between 10 and 20 percent, which would make the true total between 19.5 inches and 21.4 inches.
Yes, I suppose when one loses the yardstick, it qualifies as an inexact science. Maybe for the next storm they will have the 3rd US Infantry Regiment "guard" the snowboard. 

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