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http://www.businessweek.com/news/2013-01-22/energy-boosting-cold-snaps-predicted-from-chicago-to-east-coast

Bloomberg News

Energy-Boosting Cold Snaps Predicted From Chicago to East Coast

January 22, 2013

The last week of January may be a patch of mild weather sandwiched between blasts of icy cold that will have residents from Chicago to the Atlantic burning more fuel to heat homes and businesses.

From Jan. 22-26 and again from Feb. 1-5, temperatures from the Midwest to the East Coast and throughout Ontario and western Quebec may be 8 degrees Fahrenheit (4.4 Celsius) below normal, said Matt Rogers, president of Commodity Weather Group LLC in Bethesda, Maryland.

In the Jan. 27-31 period, weather in those areas is expected to return to seasonal levels, Rogers said.

“The current forecast window features two big cold air outbreaks and one warm event sandwiched in between them,” Rogers said today in a note to clients. “The first cold outbreak is expected to dominate this current week.”

The threat of cold in high-population areas can boost energy markets as consumers are expected to burn more natural gas and heating oil to stay warm. Chicago may have a low temperature today of 1 (minus 17 Celsius), while New York City and Philadelphia fall to 14 tomorrow, said MDA Weather Services.

The normal average temperature in New York City on Jan. 31 is about 34 degrees, according to MDA in Gaithersburg, Maryland. In Boston it’s 29; in Chicago, 25; Houston, 54; St. Louis, 33; and in Burbank, California it’s 55.

To contact the reporter on this story: Brian K. Sullivan in Boston at bsullivan10@bloomberg.net

To contact the editor responsible for this story: Dan Stets at dstets@bloomberg.net


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