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Wednesday 18 March 2015

Cold winter weather increases Northeast distillate demand, but conditions are moderating (3/18/2015)

The Northeast is experiencing a colder-than-normal winter. Population-weighted temperatures from October through February were 11% colder than the National Oceanic and Atmospheric Administration (NOAA) projected at the start of the heating season, 10% colder than the 10-year average, and 1% colder than last winter. The cold weather increased demand for both distillate fuel and natural gas for residential and commercial space heating. As natural gas demand for space heating increased, the natural gas supply infrastructure reached its limits and could not provide enough natural gas to meet overall demand, which also includes commercial, industrial and power generation uses. One result was the curtailment of natural gas supplies to interruptible customers, who are mostly industrial users and electric generators, who responded to curtailments by increasing their own use of distillate fuel. Some customers also switched voluntarily from natural gas to distillate as natural gas prices spiked above distillate fuel prices. ... More »

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The Stages Of A Scam

1. Foundation Work: This is the preparations which are made before the scam is put in motion, including the elaboration of the plan, the employment of assistants and so forth.

2. Approach: Is the manner of getting in touch with the scammers victim — often most elaborately and carefully prepared.

3. Build Up: Rousing and sustaining the interest of the victim, rousing his emotions, showing him the chance of profit and filling him so full of anticipation and cupidity that his judgment is warped and his caution thrown away.

4. Pay-off or Convincer: An actual or apparent paying of money by the conspirators to convince the victim and settle doubts by a cash demonstration.

5. The Hurrah: This is like the dénouement in a play and no scam or con scheme is complete without it. It is a sudden crisis or unexpected development by which the victim is pushed over the last doubt or obstacle and forced to act. Once the hurrah is sprung the victim is clay in the scammer's hands or there is no game.

6. The In-and-In: This is the point in a scam act where the conspirator may put some of his money into the deal with that of the victim; first, to remove the last doubt that may tarry in the gull's mind.