The website, at www. planalytics.com, attempts to predict the turning points and directions of future gas price changes, and uses that information to determine the most cost-effective method to purchase natural gas on any given day.
Weathernomics Gas Buyer combines long-range intelligence, American Gas Association inventory change forecasts, real-time futures contract pricing, and proprietary WeathernomicsSM technology into an engine that makes one of six daily buy-sell recommendations.
“This is simply a more effective and informed approach to purchasing and hedging natural gas,” said Frederic Fox, president and ceo of Planalytics. “Many large gas buyers, such a manufacturers of steel, petrochemicals, fertilizers, and glass, are paying too much to hedge against future weather-driven volatility in natural gas prices.”