John Kemp Sees Mild Weather In US; Oilprice Sees Unexpected Cold Weather Across The US -- December 28, 2016

John Kemp's tweet 28 minutes ago (about 11:00 a.m. Central Time):

U.S. mild weather persisted through Christmas and afterwards with heating demand well below average for the time of year.

Meanwhile, over at Oilprice.com:

Natural gas prices are surging as cold weather eats into U.S. inventories, tightening the market much more quickly than many analysts had expected.

The blast of Arctic weather in December put a strain on natural gas markets, with millions of people cranking up the heat to keep warm.

The EIA reported a surprise drop in storage levels in the week ending on December 16, 2016, falling by 209 billion cubic feet. That decline puts total storage levels at 3,597 Bcf, or just a small 78 Bcf above the five-year average.

But at least we all know that due to manmade global warming, the earth will be 0.231 degrees warmer 97 years from now. 

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