About The Author

Phil Flynn

Phil Flynn is writer of The Energy Report, a daily market commentary discussing oil, the Middle East, American government, economics, and their effects on the world's energies markets, as well as other commodity markets. Contact Mr. Flynn at (888) 264-5665

Oh, the weather outside is frightful , but the Nat Gas moves delightfully ,  and since it’s going to go.
Let it snow, let it snow, let it snow!
And it doesn’t show signs of stopping as the heating fuels are  popping. As the temperatures fall way down low.  Let it snow, let it snow, let it snow!
While the bears may put up a fight, they will have to adjust to the storm. And if you hold your options tight,  you can afford to stay warm.  While the fire is slowly dying. On the dips you should be buying as long as you have the dough, let it snow, let it snow, let it snow, let it snow.
It’s kind of nice to start an energy report in a festive holiday mood  without focusing so much on global tensions and desperately searching for an oil glut that may or may not actually exist, but instead focusing on the weather and good old fashion supply and demand fundamentals that’s been driving the petroleum markets.
Oh sure, we all know the market’s got its eyes on Venezuela, Russia, and Ukraine, with peace nowhere in sight and headlines grabbing attention left and right. But truth be told, it’s all a bit of a sideshow right now—geopolitical drama is taking a back seat as traders zero in on what really matters this season: the weather and the Fed’s next move on interest rates.
It feels like the market’s convinced, at least for now, that there’s a bit of imbalance baked in, so prices are staying stuck in that lower range.
But don’t get too cozy—diesel’s starting to creep higher, not just because Jack Frost is making his presence known, but also thanks to the ongoing uncertainty over whether Russia and Ukraine can actually hammer out any kind of deal. The cold weather is adding fuel to the fire, and every headline is just another log tossed on the market’s ever-blazing hearth.
And the key continues to be cold weather and that’s why I’ve been watching the fox weather app or late breaking developments and it’s the weather maps look more literally like than anything I’ve seen since the snowstorm that almost cancelled Christmas and the headlines We’re FrOzen blazed across the opening of the Rudolph the Reindeer cartoon. Fox Weather reports ‘ First snow of La Niña winter blasts millions in mid-Atlantic, unleashing hazardous travel conditions Snowfall totals could reach 4 inches through Friday night in Roanoke and Blacksburg, Virginia. Winter Weather Advisories are also in effect for Washington, DC, and Baltimore.
Fox Weather  warn that   More than 16 million people are under Winter Weather Advisories in the mid-Atlantic, waking up to their first snow of the season in parts of Virginia and Maryland, which is creating slick travel conditions and delaying school openings across the region. Schools were closed in Richmond, Virginia on Friday, and schools throughout the Washington, D.C. area are either canceled or operating with delays. The heaviest snow is expected in southern Virginia, including Richmond and Roanoke. Snowfall totals could reach 4 inches through Friday night in Roanoke and Blacksburg; Winter Weather Advisories have been issued for southern Virginia and northern North Carolina.
That is why it is critical to download the Fox Weather ap. Also stay tuned to the Fox  Business Network Invested in you! Also call to open your account by calling 888-264-5665 or email pflynn@pricegroup.com.

 

Thanks,

Phil Flynn

Senior Market Analyst & Author of The Energy Report

Contributor to FOX Business Network

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