Welcome to the return of the Alaska ridge edition of Natural Gas Daily!
Finally, the weather models all seem to be agreeing on the incoming weather pattern.
Source: WeatherModels.com
This 15-day outlook captures the incoming set-up well with a massive ridge development in Alaska, while the Southeast ridge develops. This results in the mid-west to be colder than normal, so on a heating demand basis, this is still neutral to bullish.
As a result, we can now start to see TDDs increase towards the back-end of the model.
Following the ECMWF-EPS 12z update, traders we