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Nat-Gas Prices Erase Early Gains as US Weather Forecasts Cool
Nat-Gas Prices Erase Early Gains as US Weather Forecasts Cool

Yahoo

timea day ago

  • Business
  • Yahoo

Nat-Gas Prices Erase Early Gains as US Weather Forecasts Cool

September Nymex natural gas (NGU25) on Thursday closed down -0.010 (-0.32%). Sep nat-gas prices on Thursday fell from a 1-week high and settled slightly lower after US weather forecasts cooled, which will curb nat-gas demand from electricity providers to power air conditioning. Forecaster Vaisala said Thursday that the Global Forecast System weather model shifted cooler for the eastern half of the US for August 17-21. More News from Barchart This Dividend Stock Yields Almost 7.5% and Looks Set To Gain from Trump's Trade Deals: Time to Buy? Outlook for Hot US Temps Boosts Nat-Gas Prices Crude Prices Retreat on Claims of Progress in Ending Russian-Ukraine War Our exclusive Barchart Brief newsletter is your FREE midday guide to what's moving stocks, sectors, and investor sentiment - delivered right when you need the info most. Subscribe today! Nat-gas prices on Thursday initially jumped to a 1-week high after weekly EIA nat-gas inventories rose only +7 bcf for the week ended August 1, below expectations of +12 bcf and the five-year average for this time of year of +29 bcf. On Monday, nat-gas prices sank to a 3.5-month low on higher US nat-gas production and the outlook for even higher output in the near term. Baker Hughes reported last Friday that the number of active US nat-gas drilling rigs in the week ending August 1 rose by +2 rigs to a 2-year high of 124 rigs. Lower-48 state dry gas production on Thursday was 108.7 bcf/day (+5.7% y/y), according to BNEF. Lower-48 state gas demand on Thursday was 78 bcf/day (-2.8% y/y), according to BNEF. Estimated LNG net flows to US LNG export terminals on Thursday were 15.5 bcf/day (+10.1% w/w), according to BNEF. An increase in US electricity output is positive for nat-gas demand from utility providers. The Edison Electric Institute reported Wednesday that total US (lower-48) electricity output in the week ended August 2 rose +0.9% y/y to 99,367 GWh (gigawatt hours), and US electricity output in the 52-week period ending August 2 rose +2.7% y/y to 4,259,351 GWh. Thursday's weekly EIA report was bullish for nat-gas prices since nat-gas inventories for the week ended August 1 rose +7 bcf, below the consensus of +12 bcf and the 5-year average of +29 bcf for the week. As of August 1, nat-gas inventories were down -4.3% y/y, but were +5.9% above their 5-year seasonal average, signaling adequate nat-gas supplies. As of August 5, gas storage in Europe was 70% full, compared to the 5-year seasonal average of 78% full for this time of year. Baker Hughes reported last Friday that the number of active US nat-gas drilling rigs in the week ending August 1 rose by +2 to a 2-year high of 124 rigs. In the past ten months, the number of gas rigs has risen from the 4-year low of 94 rigs reported in September 2024. On the date of publication, Rich Asplund 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. This article was originally published on

'Worst case scenario' highlighted by weather expert ahead of potential storm
'Worst case scenario' highlighted by weather expert ahead of potential storm

Irish Daily Mirror

time29-07-2025

  • Climate
  • Irish Daily Mirror

'Worst case scenario' highlighted by weather expert ahead of potential storm

Ireland is facing the prospect of a rare summer storm as an Irish weather expert has identified the risk of heavy winds battering the country next week. Both the Global Forecast System (GFS) and the European Centre for Medium-Range Weather Forecasts (ECMWF) have highlighted the potential of a low-pressure storm heading towards Ireland early next week. Irish weather expert Alan O'Reilly, who mans the popular @CarlowWeather account on X, is monitoring the weather models and revealed that next Tuesday looks like the most likely day for stormy conditions to arrive but there is good news after that. "When it comes on Tuesday - look at this - very, very strong winds right across the country. Now, it's a week out. It's very uncertain. It's going to chop and change but the GFS and the ECMWF are both showing the risk of a low pressure storm moving towards us on Monday or Tuesday, hopefully Tuesday," he said on social media. "I wouldn't get too worried at the moment but it's certainly something to keep an eye on. "The good news is that once that clears, high pressure looks more likely to move in for next week so it might be a short-term loss in terms of some wind and rain but then high pressure moving in so fingers crossed that we get that high pressure and the low pressure stays to the north." Conditions will remain mixed in the lead-up to the weekend, with national forecaster Met Eireann anticipating a good deal of dry weather and temperatures staying in the high teens. This looks set to turn from Saturday, however, as a band of rain is expected to move over the country on August 2 and it will turn heavy at times before Sunday sees scattered showers as temperatures remain in the mid to high teens. Providing some optimism, Mr O'Reilly added that the ECMWF model identifying next week's storm risk is the "worst case scenario." He added: "Good news is the weather model ensembles show that the ECMWF model with storm next Tuesday is currently worst case scenario so hopefully won't end up that bad." Subscribe to our newsletter for the latest news from the Irish Mirror direct to your inbox: Sign up here.

UK households told to make urgent watering change to gardens this week
UK households told to make urgent watering change to gardens this week

Daily Mirror

time19-06-2025

  • Climate
  • Daily Mirror

UK households told to make urgent watering change to gardens this week

While the hot weather is great for those who want to sit outside and enjoy it - it's not as great for outdoor plants, and gardeners should change this one gardening habit during the heatwave As Britain basks in the heatwave that is forecast with temperatures skyrocketing to around 35C in some areas - and people are urged to make one certain change to their gardening habits this week. Global Forecast System runs from WXCHARTS shows huge areas of Britain set to be engulfed in the 35C heat, which could even be predicted to skyrocket higher, before the end of June too. ‌ With this in mind, it's important to make sure your plants are being looked after during the hot weather as too much heat can have a detrimental impact on our gardens - which can result in wilting, stunted growth and scorched leaves. ‌ READ MORE: Exact date 'Blowtorch Britain' will be hotter than Hawaii as weather maps turn dark red The main thing to focus on changing during a heatwave when it comes to gardening is when you water and how often. Harriet Worsley, from Worsley Design & Consultancy urged keen gardeners to "never water in the daytime when it's hot". She added: "And avoid spraying any water on the leaves in the sunshine as the water will boil in the sun and the leaves will frazzle – like watering your garden with a kettle," as reported by Country Living. Instead, the expert recommends watering late at night and "water intensely". The expert advised: "Fill pots to the brim and then fill again. It's the roots that need the water, not the leaves. Be particularly careful with pots and window boxes drying out, they dry out faster than beds." This is echoed by James Ewens, a gardening expert at Green Feathers, who explained that deep and infrequent watering is being more beneficial than little and often during hot weather spells. He shared: "When watering, you want to aim for the roots, so as low to the ground as possible, and water deeply and infrequently – either early morning or late evening. ‌ "Avoiding midday sun will ensure water does not evaporate quickly, and infrequent watering will enable water to soak deeply into the plant. You don't need to water every morning or evening, it's good to prioritise longer watering sessions, and watering every couple of days.' To be even more mindful, you could collect rainwater and recycle it over your plants, especially if there is a hosepipe ban in your area. Rainwater is better for your plans than using tap water as it hasn't been treated or contains any chemicals such as chlorine. You can do this by collecting the rainfall in water butts and water barrels, which you can then use over the summer when it's drier.

How hot will this summer be in Italy?
How hot will this summer be in Italy?

Local Italy

time16-06-2025

  • Climate
  • Local Italy

How hot will this summer be in Italy?

Heatwave Scipione may be starting to cool off, but Italian weather experts say people across the country should brace themselves for another long and sweltering summer. July and August are set to be characterised by "long-lasting and persistent heatwaves," says meteorologist Mattia Gussoni in weather site Current projections from cross-border research institute The European Centre for Medium-Range Weather Forecasts indicate that temperatures across the peninsula (and much of Europe) could reach highs of up to 3°C above seasonal averages. The south of Italy and the islands of Sardinia and Sicily are expected to be particularly heavily affected, with highs of 40°C or more currently forecast for the first half of July. It looks like it's going to be "the summer of the super anticyclone," says meteorologist Alessio Grosso on weather site Meteo Live. The African anticyclones, or high-pressure zones, typically responsible for Italy's heatwaves originate in the Sahara, bringing scorching desert air that arrives in the country with high levels of humidity absorbed from the Mediterranean. Based on forecasts from the Global Forecast System, a numerical weather prediction model, Grosso predicts that temperatures over the coming weeks will be "consistently above average, though without exceptional peaks." That means that while it will be much warmer than normal, it doesn't necessarily look as though this summer will break all previous heat records in Italy. The highest ever temperature recorded in continental Europe was in Syracuse, Sicily on August 11th, 2021, when mercury levels reached 48.8°C (119.8°F). Since then, Rome has set its own heat record of 41.8°C on July 18th, 2023, while Milan registered a record high of 33°C on August 25th of the same year. While weather conditions are expected to be hot and sunny for most of the summer, that doesn't preclude the possibility of intense summer thunderstorms in some areas, says Gussoni. These can include rare summer hailstorms and even tornados, as well as more typical rainstorms that tend to last between one and two hours.

As Saharan dust moves through Florida, National Hurricane Center watching tropical wave
As Saharan dust moves through Florida, National Hurricane Center watching tropical wave

Yahoo

time05-06-2025

  • Climate
  • Yahoo

As Saharan dust moves through Florida, National Hurricane Center watching tropical wave

As Saharan dust keeps Florida skies hazy, all is quiet in the tropics. Earlier this week, the National Hurricane Center was monitoring a system off Florida's coast for potential development. Although it brought some rain to the state, the system was no longer seen as a potential for tropical development later in the day June 4. ➤ Track all active storms ➤ Weather alerts via text: Sign up to get updates about current storms and weather events by location On June 5, the tropical outlook map shows no tropical cyclone activity is expected over the next seven days. That doesn't mean all will be smooth sailing in Florida. Along with the Saharan dust, showers and thunderstorms can be expected to continue in some locations, along with higher temperatures and a heat index in the triple digits. Here's the latest advisory from the National Hurricane Center as of 8 a.m., June 5: A tropical wave in the central Atlantic is moving west at 17 mph. Historically, tropical cyclones form close to the U.S. in June, with the most common locations being the northwestern Caribbean and the eastern Gulf, according to Dr. Ryan Truchelut, chief meteorologist with WeatherTiger. Truchelut is a Florida meteorologist who works with the USA TODAY Network. "None of the reputable forecast models are showing a realistic chance of anything tropical forming on the Atlantic side of Central America through mid-month." ➤ WeatherTiger: False alarms, beneficial rain and a dusty start to Florida storm season The exception is the GFS model, which is predicting a Caribbean tropical storm will spin up in 10 to 12 days, then move generally northward, Truchelut said. "The GFS has a persistent and well-known bias for incorrectly predicting development in the Caribbean at this specific time of year. "All told, while something could eventually spin up in two or three weeks, the GFS' frequent false alarms should be disregarded." The GFS model, which stands for Global Forecast System, is the weather prediction model operated by the National Weather Service. In addition to providing data for a wide range of forecasts, it's also used for hurricane tracking. Here's what you can expect June 5: Pensacola, western Panhandle: There's a 50% chance for showers Thursday. High temperatures today will range from 86 to 91 degrees and are forecast to climb even higher June 6, between 88 and 93, with a heat index in the upper 90s to lower 100s. Tallahassee, central Panhandle: Scattered to widespread showers and storms expected again Thursday afternoon with high temperatures in the mid to upper 80s. Jacksonville, Northeast Florida: Waves of showers and thunderstorms are expect through next week. Heat index Jung 6-8 could near 105. Daytona Beach to Stuart, east-central Florida: Scattered to numerous showers and scattered storms are forecast into the afternoon/evening. Isolated to widely scattered storms will be capable of wind gusts up to 40-50 mph. Expect frequent lightning and heavy rainfall, 1-2 inches or more in 90 minutes. There is a 10-20% chance of rainfall amounts greater than 1 inch from Titusville to Poinciana and to the north. Seasonable temperatures are expected today over east-central Florida, with highs in the mid 80s to low 90s and heat index values between 96 and 101. West Palm Beach to Naples, South Florida: With Saharan Dust moving over South Florida June 5, chances for rain will decrease compared to the last couple of days, especially across the East Coast metro area. This will also result in warmer temperatures in the afternoon, with highs in the upper 80s and lower 90s. Fort Myers to Sarasota, west-southwest Florida: Mostly cloudy with scattered to numerous showers and thunderstorms. Locally heavy rain possible. Highs in the upper 80s to the lower 90s. A "wall of dust" is moving through Florida, according to AccuWeather and is expected to spread over more of the Southeast today. Look for vivid sunrises and sunsets, along with hazy skies. The dust traveled across the Atlantic from the Sahara Desert. Dust in the atmosphere helps prevent the formation or strengthening of tropical systems. The Atlantic hurricane season runs from June 1 through Nov. 30. Ninety-seven percent of tropical cyclone activity occurs during this time period, NOAA said. The Atlantic basin includes the northern Atlantic Ocean, Caribbean Sea and Gulf of America, as the Gulf of Mexico is now known in the U.S. per an order from President Trump. NOAA and the National Hurricane Center are now using Gulf of America on its maps and in its advisories. The peak of the season is Sept. 10, with the most activity happening between mid-August and mid-October, according to the Hurricane Center. Systems currently being monitored by the National Hurricane Center include: Tropical cyclone is the generic term used by the National Weather Service, NOAA and the National Hurricane Center for any tropical system, even if it's in the tropical Atlantic basin. To be more precise, a tropical cyclone is a "rotating, organized system of clouds and thunderstorms that originates over tropical or subtropical waters and has closed, low-level circulation," NOAA said. Once maximum sustained winds reach 74 mph, what it is called is determined by where it originated: : for storms in the North Atlantic, central North Pacific, and eastern North Pacific. : for storms in the Northwest Pacific. : for storms in the South Pacific and Indian Ocean. We will update our tropical weather coverage daily. Download your local site's app to ensure you're always connected to the news. And look for our special subscription offers here. This story was updated to add new information. This article originally appeared on Palm Beach Post: Hurricane Center update: Tropical wave, Saharan dust, Florida forecast

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