RE:Hackett on 2022/23 winter best of podcast 60% onwardsWhat a great report...thank you!
I found the hypothesis of the Sahara's sands in the upper atmosphere keeping the air dry and preventing moisture accumulation and therefore stopping storm formation compelling.
One quick peek into the National Hurricane Center confirmed that there are not only no cyclone activity currently but none expected to form in the next 48 hours. Mainly just localized tropical storms that are diminishing in strenght and size.
The report suggests that the gulf coast will not be impacted strongly by storms this hurricane season (which is good as I really do not like making money through any kind of destructive means) but does suggest a colder US winter than normal which may provide a higher North American natural gas price along with European and LNG demand which should benifift all producers and pipes alike.
Hopefully Peyto will see increased revenues with increased production and prices combined with decreased risk management and debt servicing.
GLTA
llerrad5 wrote: Please take the time to watch our entire ~41 min video podcast that provides our weather outlook for the US and Global growing areas.
In this podcast, we go over why the US hot, dry Dome is occurring, why West Africa drought is likely to worsen for cocoa, and why the transition to El Nino by 1st quarter of 2023 is looking even more probable given the move to a +Qusai-Biennial Osciualltion.
We also discuss our initial thoughts on the US winter season and why the US hurricane season has been so quiet up to this point.