Natural Gas: MARKET HOVERING AROUND $8.00 STRONG PRODUCTION NUMBERS BRING THE NATURAL GAS MARKET DOWN Production numbers remained strong last week, and the upcoming fall temperatures helped limit any growth in the market as the market dropped on Monday and hovered around $8.00 Production topped 100 Bcf/d at points during the week, reaching highs for…
View detailsSUMMER TEMPS REMAIN HIGH INTO MID-SEPTEMBER Weather remains in the 80s – 90s in the South and Southwest. These temperatures are a break from the triple-digit weather they have seen much of the summer. In addition, with milder temperatures in the Great Lakes and Northeast, national demand has declined, helping our storage numbers. VOLATILITY CONTINUED…
View detailsToday, TPI Efficiency is officially a teenager! Thank you to all the customers and employees who have helped us over the past 13 years! With endless gratitude, The TPI Efficiency Team
View detailsWEATHER UPDATE: WARMER TEMPERATURES COVERING MOST OF THE US In an era of persistent demand and hot summers, pricing is expected to remain high. Especially as July came in as the third hottest on record. Experts predict the supply concerns and increased demand for LNG could eventually drive pricing up this winter past $13.00 With…
View detailsToday has been identified as a potential PJM Peak Demand Day. Given the forecasted PJM load and the current conditions, there is the potential for peak hours between 4:00 PM and 7:00 PM, with the highest probability between 4:00 PM-5:00 PM. Demand across the PJM grid is expected to reach 142,496 MW today! Therefore, TPI…
View detailsWE’RE BACK TO HIGHER-THAN-NORMAL TEMPS ACROSS THE US In an era of persistent demand and hot summers, pricing is expected to remain high. Especially as July came in as the third hottest on record. Experts predict the supply concerns and increased demand for LNG could eventually drive pricing up this winter past $13.00 OCTOBER RE-OPENING…
View detailsLOW STORAGE REPORT AND PRODUCTION MAINTENANCE SENDS THE MARKET HIGHER INCONSISTENT PRODUCTION KEEPS THE PRICING HIGH The market jumped more than a dollar last week as production cutbacks interrupted day-to-day production. As a result, the market moved more than a dollar from Tuesday to Friday. The South and Midwest see cooler temperatures, but much higher…
View detailsMarket Snapshot Weather Forecast MIDDLE AMERICA GETS SOME RELIEF While this summer had brought record heat to many parts of the U.S., this may be the new normal. Temperatures have increased by 1.7 degrees Celsius (almost three degrees Fahrenheit) since 1970. The atmosphere can store about 7 percent more water for every degree Celsius. This…
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