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Weird Day in Energy Markets

edited February 2015 in Off-Topic
Heating oil is up 6% and Nat Gas up 4% in late day trading. By contrast, WTI is down nearly 2% and Brent flat. I realize this is weather related, but still highly unusual. While Nat gas often runs contrary, heating oil tends to track WTI & Brent pretty closely.

We shivered at about 18 below zero last night. (Translation - That's 50 degrees below freezing.)

Water pipes freezing-up everywhere, Roofs leaking from the ice dams and melt-off from home heating. Haven't seen 32 degrees since last year. ##*!!*

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  • edited February 2015
    Hi Maurice,

    I had to knock off 1-2 feet deep ice along the edges last Feb to stop leaks. Tried to be careful, but sometimes when you knock the ice off small pieces of shingles will cling and break off with the ice. Did some minor repairs over the summer.

    Tried those commercial sodium pellets. They don't work very well - only when temps are around 32. Snow rakes work well (before it turns to ice) but hard to use having a 12-15 foot handles. Mainly you need at open channels about every 5 feet for the water to flow though.

    Good luck & stay safe.
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