NATURAL GAS: FROM $9.35 IN SEPTEMBER TO $3.11 IN JANUARY, THE NYMEX HAS FALLEN FAR THE MARKET REMAINS VOLATILE ON COMPETING INDICATORS. A WARMER FORECAST IN THE EAST REDUCES THE DEMAND FOR ELECTRICITY AND NATURAL GAS NATURAL GAS: FUTURES PRICING FOR THE NEXT YEAR HAS COLLAPSED The market for future months has dropped by about…
View detailsTHE WEAKENING OF THE COLD FRONT KEEPS PRICING DOWN BELOW $3.00 THE NATURAL GAS MARKET REMAINS VOLATILE ON COMPETING INDICATORS. NATURAL GAS STORAGE REPORT The Freeport LNG Facility has not fully met regulators’ requirements to reopen at 100%. Still, it will partially reopen in February with hopes of returning to 2.0 Bcf – 2.6 Bcf…
View detailsNatural Gas: WE MAY HAVE HIT BOTTOM, AND COLDER WEATHER COULD BRING PRICES BACK THE MARKET REMAINS VOLATILE ON COMPETING INDICATORS. 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). EIA NATURAL GAS…
View detailsNatural Gas Market NEXT JANUARY’S PRICING REFLECTS MORE NORMAL JANUARY WEATHER. WEATHER CONTINUES TO DRIVE THE NATURAL GAS MARKET DOWN. EIA Natural Gas Storage Report Electricity News: FirstEnergy Auction Weather Mid Weather PJM BGE JANUARY 10TH PJM ADHUB JANUARY 10TH
View detailsNatural Gas News: Market Drops Auction Time First Energy’s second auction for electricity that will be part of their supply is scheduled for Jan. 10. With the recent slide in Natural Gas pricing, expect it to come in below the price from the last auction, which was 12.23 cents per kWh. 12-MONTH STRIP, ATC POWER…
View detailsNatural Gas: $7.70 DOWN TO $4.15, THE MARKET KEEPS FALLING. MILD TEMPS AND FREEPORT LNG REOPENING DELAY ARE RESPONSIBLE. WEATHER: HIGHER THAN AVERAGE TEMPS STICK AROUND. The warmer weather, combined with the delay, yet again, of the reopening of the Freeport LNG facility, now delayed to mid-January, have sent prices spiraling down to $4.19 and…
View detailsTHE NATURAL GAS MARKET CONTINUES TO PLUMMET THE MARKET HAS DROPPED ALMOST $2.00 IN 12 DAYS NATURAL GAS STORAGE REPORT Last week’s withdrawal of -87 Bcf from storage was well below the five-year average of -124 Bcf. This lighter-than-average withdrawal put our storage at .07% above the five-year average. This is the first time we have…
View detailsHenry Hub: Natural Gas Market GAS STORAGE ALMOST EQUAL TO LAST YEAR & THE FIVE-YEAR AVERAGE EAST WILL SEE HIGH DEMAND IN THE NEXT WEEK Electricity: FirstEnergy Auction FirstEnergy is holding its second and final auction for next year on January 10 and should be announced shortly after. The first auction in October 2022 came…
View detailsThis website stores cookies on your computer. These cookies are used to collect information about how you interact with our website and allow us to remember you. We use this information in order to improve and customize your browsing experience and for analytics and metrics about our visitors both on this website and other media. To find out more about the cookies we use, see our Privacy Policy.
If you decline, your information won’t be tracked when you visit this website. A single cookie will be used in your browser to remember your preference not to be tracked.
Manage your cookie preferences below:
Essential cookies enable basic functions and are necessary for the proper function of the website.