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WSI Energycast Outlook Calls for Mild Spring in Northeast; Cool in Plains.


WSI See wafer scale integration.  and ESAI ESAI Energy Security Analysis, Inc. (Boston, MA)
ESAI Enhanced Situation Awareness Insertion
 issue an update of special interest to energy traders Traders

Individuals who take positions in securities and their derivatives with the objective of making profits. Traders can make markets by trading the flow. When they do this, their objective is to earn the bid/ask spread.
 

ANDOVER, Mass. -- WSI Corporation issued the seasonal outlook for the upcoming three-month period (March-May) on February 13. WSI expects this period to average warmer than normal in the northeastern and western US, with below-normal temperatures confined con·fine  
v. con·fined, con·fin·ing, con·fines

v.tr.
1. To keep within bounds; restrict: Please confine your remarks to the issues at hand. See Synonyms at limit.
 to the Plains, Mississippi Mississippi, state, United States
Mississippi (mĭs'əsĭp`ē), one of the Deep South states of the United States. It is bordered by Alabama (E), the Gulf of Mexico (S), Arkansas and Louisiana, with most of the border formed by
, and Ohio Valleys. The WSI seasonal outlooks reference a standard 30-year normal (1971-2000).

The monthly breakdown follows:

In March:

Northeast - Warmer than normal

Southeast - Warmer than normal, except MS

N Central - Warmer than normal

S Central - Colder than normal

Northwest - Warmer than normal

Southwest - Warmer than normal

Expected Market Impact (provided by ESAI)

The WSI March forecast indicates warmer-than-normal temperatures across the whole country with the exception of the South Central region. In the key heating demand areas across the northern tier The Northern Tier can refer to
  • In America, the Five Northern Tier counties in Pennsylvania.
  • The Northern Tier National High Adventure Bases of the Boy Scouts of America
 of the country, natural gas consumption should be slightly lower than the five-year average. Although January was mild, February has been colder than normal in most of the heating demand areas. Natural gas inventories have been falling relative to the five-year average due to the high demand so far in February. The warmer March outlook should help to keep gas inventories at or above the five-year average.

In April:

Northeast - Warmer than normal, except PA/NJ

Southeast - Cooler than normal, especially FL/AL/MS

N Central - Cooler than normal, except MN/ND

S Central - Cooler than normal

Northwest - Warmer than normal, especially WA

Southwest - Cooler than normal, except CA/NV/UT

Expected Market Impact (provided by ESAI)

The WSI April forecast indicates cooler-than-normal temperatures in the Central and Southern regions. Warmer-than-normal temperatures are expected in the Northeast and Northwest. Cooler weather across much of the Midwest may bring some late-season natural gas inventory withdrawals that could be higher than average. However, above-average April gas withdrawals will not be significant enough to materially impact end-of-season inventory levels. Shoulder-period demand levels in most power demand areas means that temperature variations will not impact prices significantly. Seasonally-planned generator maintenance will have more impact on prices than weather in April.

In May:

Northeast - Warmer than normal, especially NY/VT

Southeast - Cooler than normal, except SC/NC

N Central - Cooler than normal, except ND

S Central - Cooler than normal, especially OK/KS

Northwest - Warmer than normal

Southwest - Colder than normal, except CA/NV/UT

Expected Market Impact (provided by ESAI)

The WSI May forecast indicates cooler-than-normal temperatures across most regions, with warmer-than-normal temperatures confined to the Northeast and Northwest. Warmer temperatures in the Northeast could bring some early-season cooling demand in the Northeast markets increasing electrical loads If an electric circuit has a well-defined output terminal, the circuit connected to this terminal (or its input impedance) is the load. (The term 'load' may also refer to the power consumed by a circuit; that topic is not discussed here.  and natural gas demand for power. Cooler weather across much of the Southern regions could reduce early-season natural gas demand from the power sector for cooling, offsetting any increases in the Northeast. Generator maintenance will be in full swing in most markets and generator outages will have the most impact on power prices.

According to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 WSI seasonal forecaster Dr. Todd Crawford, "Our objective model guidance depicts a rather chilly spring in much of the eastern half of the US, due to the lingering lin·ger  
v. lin·gered, lin·ger·ing, lin·gers

v.intr.
1. To be slow in leaving, especially out of reluctance; tarry. See Synonyms at stay1.

2.
 effects of the recent El Nino event. However, it appears that the rapid demise Death. A conveyance of property, usually of an interest in land. Originally meant a posthumous grant but has come to be applied commonly to a conveyance that is made for a definitive term, such as an estate for a term of years.  of El Nino may be quickly followed by a new La Nina La Niña  
n.
A cooling of the ocean surface off the western coast of South America, occurring periodically every 4 to 12 years and affecting Pacific and other weather patterns.
 event, which lends uncertainty to the spring forecast. Because of this, and because the emerging late-February pattern is almost identical to that typically associated with La Nina, we have modified some of the objective guidance in the East and have predicted slightly above-normal spring temperatures in the major population centers."

WSI successfully predicted (1) the widespread warmth in the eastern US in the October-December period, (2) the abrupt transition to below-normal temperatures in the US in September 2006, (3) the warm US summer in 2006, and (4) the warm 2005-06 US winter. Their three-month seasonal forecasts have been skillful skill·ful  
adj.
1. Possessing or exercising skill; expert. See Synonyms at proficient.

2. Characterized by, exhibiting, or requiring skill.
 for 8 out of the last 12 periods. A skillful seasonal forecast is defined as one that is closer to what is actually observed than a forecast using the 30-year average temperature.

WSI, which provides customized weather information to energy traders, issues its seasonal outlook twice-monthly. An update to the current forecast will be issued on February 22, with the next new forecast package (for April-June) issued on March 13.

About WSI

WSI Corporation is the world's leading provider of weather-driven business solutions for professionals in the energy, aviation, and media markets, and multiple federal and state government agencies. WSI is headquartered in Andover, Massachusetts with offices in Birmingham, England, and is a wholly owned subsidiary Wholly Owned Subsidiary

A subsidiary whose parent company owns 100% of its common stock.

Notes:
In other words, the parent company owns the company outright and there are no minority owners.
 of Landmark Communications Landmark Communications is a privately held media company headquartered in Norfolk, Virginia and specializing in cable television, broadcast television, print publishing, and internet publishing. . More information about WSI can be found at www.wsi.com.

About ESAI

Since its inception in 1984, Energy Security Analysis Inc. (ESAI) has been dedicated to monitoring, analyzing, and synthesizing information about world-wide energy markets. Tapping the talents of its senior-level staff, ESAI provides clients with unparalleled insight into where the markets have been and where they are headed. ESAI provides ongoing systematic analysis of energy prices in the oil, natural gas, and energy markets. For more information on ESAI services, see www.esai.com.
COPYRIGHT 2007 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2007, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Feb 20, 2007
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