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Ultra Petroleum Corp. Message Board

  • ahande ahande Oct 6, 2012 9:21 AM Flag

    More extreme winters for US?


    Arctic Ice Melt Could Mean More Extreme Winters For U.S. And Europe

    The record loss of Arctic sea ice this summer will echo throughout the weather patterns affecting the U.S. and Europe this winter, climate scientists said on Wednesday, since added heat in the Arctic influences the jet stream and may make extreme weather and climate events more likely.


    Francis’ work has linked Arctic warming to the unusually cold and snowy winters of 2009-10 and 2010-11, during which the U.S. East Coast and parts of Europe were pummeled by fierce winter storms and experienced cooler-than-average conditions. The winter of 2011-12 was much milder, by comparison, but Francis said it, too, was consistent with her research. Not all meteorologists agree on the Arctic connection theory, but that may change with time.

    If this were to be true for 2012 winter, then UPL and HEK should do good as natural gas prices should rise and the number of rigs used for Natural gas drilling should increase.

    The number of rigs being used for NG is 435 this week as opposed to 925 last year at this time.


    Sentiment: Strong Buy

29.03+1.0900(+3.90%)12:25 PMEDT

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