NATURAL GAS: EIA Storage Report The last two storage reports have been either right on target or slightly above projections, and that has moved the pricing up just a bit, though it is still well below $3.00. It also looks like the weather will be closer to normal over the next 6-14 days, which will…
View detailsHigh Natural Gas Production: High production, mild winter weather, and its effect on demand have been the main drivers of Natural Gas and electricity pricing. We continue to see warmer-than-normal temperatures throughout the country and lower overall demand for natural gas than we did in 2022. We are approaching the market over the five-year average…
View detailsWEATHER: 6-10 DAY AND 8-14 DAY OUTLOOK From December 11 to 17, weather systems will move across the western and eastern parts of the United States, bringing rain and snow. The temperatures will be relatively mild, with highs mostly ranging from the 30s to the 50s. In the southern US, temperatures will be comfortable, reaching…
View detailsWEATHER: 6-10 DAY AND 8-14 DAY OUTLOOK Expect pleasant weather across the northern United States with a mix of rain and snow, bringing mild to slightly cool temperatures from the mid-30s to 50s. In the southern U.S., it’s mainly looking dry and comfortable, with highs in the 50s to 70s and locally reaching the 80s.…
View detailsEIA: WEEKLY NATURAL GAS STORAGE The weekly gas storage report from the EIA showed the first withdrawal of the season with a withdrawal of -7 Bcf. This low withdrawal is due to colder weather, but the weather across much of the US looks like it will be warmer than normal in the 6-10 and 8-14…
View detailsNATURAL GAS HEADLINES: As expected, the market reacted strongly to last Thursday’s two-week storage report. However, the news was good for those looking to finalize their energy agreements. The final total for the two weeks was a +60 Bcf INJECTION, which sent the gas market tumbling and brought the prompt month below $3.00. The Henry…
View detailsWEATHER HIGHLIGHTS: As projected, natural gas prices have fallen in the last week, with prompt-month pricing falling almost below $3.00. Since the start of November, natural gas prices have lost $0.60 from $3.62 to $3.018 on Friday. This drop coincided with a change in the weather forecast, which called for milder temperatures than initially forecast.…
View detailsTPI was a proud sponsor of Hattie Larlham’s Bright & Blue Gala, and it was an exceptional success, raising over $300,000 to support Hattie Larlham’s programs & services. The story >>
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