Energy News • Weather • Natural Gas • Electricity • Energy Market Headlines Weather: 6-10 DAY AND 8-14 DAY OUTLOOK This summer’s weather could start mild but is expected to warm up as an El Nino arrives in June. This will alter the current pattern of cooler temperatures in the Pacific Northwest from La Nina…
View detailsEl Niño is a climate phenomenon that occurs irregularly in the tropical Pacific Ocean, characterized by the warming of sea surface temperatures, which can significantly impact weather patterns worldwide. During normal conditions, the trade winds blow from east to west across the tropical Pacific, pushing warm surface waters towards the western Pacific near Indonesia. This…
View detailsSUMMER WEATHER OUTLOOK: SAY HELLO TO EL NINO This summer’s weather could start mild but is expected to warm up as an El Nino arrives in June. This will alter the current pattern of cooler temperatures in the Pacific Northwest from La Nina and replace them with hotter temperatures. As a result, this will likely…
View detailsNatural Gas • Energy News • Electricity • Weather • EIA Storage Report EIA NATURAL GAS STORAGE REPORT ELECTRICITY HEADLINES US WEATHER OUTLOOK
View detailsWEATHER DEGREE DAYS This summer’s weather outlook appears to be a bit milder than in the recent past. Four of the five most Weather Degree Day summers have been in the last five years with near record demand. This year may see milder temperatures and wetter weather, and an El Nino will end in late…
View detailsBelow is this week’s Market Snapshot / TPI Takeaway: NATURAL GAS: HIGH PRODUCTION AND MILD WEATHER LEAD TO LOWER PRICES IN THE FUTURE. EIA WEEKLY NATURAL GAS STORAGE REPORT CHART: THE DIFFERENCE THE FREEPORT OUTAGE HAS MEANT TO STORAGE Weather: 6-10 DAY AND 8-14 DAY OUTLOOK Electricity News PJM BGE HUB FORWARD POWER PRICING PJM…
View detailsWEATHER: COOLER TEMPERATURES MOVING THROUGH A cold front is moving through the US, bringing cooler temperatures and higher demand, which could explain our high electricity rates. However, it is not expected to be a strong cold front and could give way to warm tropical air pushing up through Florida and Texas. HIGH PRODUCTION AND MILD…
View detailsNATURAL GAS CONTINUES TO BE PRICED BELOW FUTURE YEARS What Is Henry Hub?Henry Hub is a natural gas pipeline located in Erath, Louisiana that serves as the official delivery location for futures contracts on the New York Mercantile Exchange (NYMEX). NATURAL GAS STORAGE REPORT The Freeport facility has final approval to process liquid natural gas…
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