2020 - Hot in Here

By: Mike Dombroski / January 14, 2020

Let’s talk about the weather so far this year (or lack thereof). For the first 12 days of 2020 in our hometown of Pittsburgh, Pennsylvania, we had the 11th warmest start on record. Most of Pennsylvania saw temperatures last Saturday averaging 20 - 30 degrees higher than normal. This is not welcomed news to the energy industry, which obviously loves to sell fuel in the wintertime to keep us warm. Despite the warm start, it looks like cooler-than-average temperatures are on the way over the next two weeks, including the possibility of the first significant snowstorm of the year during the weekend.

8-14 day

Pictured above is the National Oceanic Atmospheric Administration (NOAA) 8-14 day temperature outlook. We finally have temperatures in the mid-Atlantic that will be dropping into the teens next week to help try and make this winter feel somewhat normal. In addition to cooler weather, on Saturday Accuweather says, “snow is forecast to transition to ice and rain from northern Virginia to southeastern New York at the storm’s peak, and up to a few inches of wintry mix is expected over areas farther north across the upper mid-Atlantic region.” 

winter storm

We recommend to our customers to get their deliveries in prior to the storm, with the first call for a wintry mix of the season, it increases the chances of consumers rushing to the gasoline pumps and for the state to prohibit tractor trailers on major highways.

 


Categories: Heating Oil, Heating Degree Day, weather, winter storm, temperature


Mike Dombroski

Written by

Mike Dombroski

I enjoy helping our customers understand the commodity markets and pricing solutions we can offer to best fit their business. My supply and trading experience in gasoline and distillate products allow me to provide a comprehensive view of our industry to make our customers feel comfortable with their fuel-related decisions.


Guttman Energy Daily Market Update Disclaimer – The information contained in this market update is derived from sources believed to be reliable; however this update could include technical inaccuracies or typographical errors and Guttman Energy does not guarantee the accuracy, completeness or reliability of this update. FURTHERMORE, THIS UPDATE IS PROVIDED "AS IS," WHERE IS, WITH ALL FAULTS AND WITHOUT ANY WARRANTY OR CONDITION OF ANY KIND, EXPRESS, IMPLIED OR STATUTORY. GUTTMAN ENERGY ALSO SPECIFICALLY DISCLAIMS ALL EXPRESS AND IMPLIED WARRANTIES. YOU USE THIS UPDATE AT YOUR SOLE RISK. This update and any view or comment expressed herein are provided for informational purposes only and should not be interpreted in any way as recommendation or inducement to buy or sell products, commodity futures or options contracts.


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