HEAT PERSISTS THROUGH TEXAS AND THE PLAINS STATES Natural Gas: THE MARKET HAS DROPPED ALMOST $4.00 IN THE LAST MONTH FREEPORT AND EASING WEATHER EXTREMES From a high of $9.54 on June 8th, when the Freeport facility suffered the explosion, the market has dropped $3.75 in the last month, and electricity pricing is finally catching…
View detailsHEAT PERSISTS THROUGH TEXAS AND THE PLAINS STATES JULY MARKET CONTINUES TO SLIP DOWNWARDS FREEPORT AND EASING WEATHER EXTREMES From a high of $9.54 on June 8th, when the Freeport facility suffered the explosion, the market dropped $3.45 in less than three weeks. While the slide has slowed, easing extremely hot weather forecasts has helped…
View detailsTPI Takeaway WARMER TEMPERATURES COAST TO COAST WILL RESULT IN HIGHER DEMAND Despite the drop in Natural Gas which has historically been a massive driver of electricity prices, the cost of electricity continues to rise. This is primarily due to extreme temperatures and demand from coast to coast. This summer is predicted to be a…
View detailsToday’s Peak Demand window is 3:00 PM – 6:00 PM EST, with demand expected to exceed 143 GW. TPI Efficiency urges you to consider reducing consumption during the forecasted peak timeframe. Remember: Capacity makes up ~30% of your total supply cost per kWh; future capacity tags and cost could be impacted! Learn more about…
View detailsRECORD HEAT CONTINUES THROUGH THE PLAINS STATES AND TEXAS Even with 1/6th to 1/7th of exports off the board, record heat in the South and in the Plains states continues to drive pricing. Cooling demand is here and here to stay for the next few months. EXPLOSION AT FREEPORT LNG FACILITY SENDS MARKET TUMBLING FREEPORT…
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TPI Takeaway WARMER TEMPS FROM THE SOUTH WILL MEAN MORE COOLING DEGREE DAYS Warmer weather will increase the amount of demand for Natural Gas as air conditioners turn on all over the country. This higher demand could push the market above $9.00 this week. MARKET BOUNCES IN MID $8.00 RANGE, AND WILL LIKELY MOVE HIGHER…
View detailsWith Summer Around The Corner and Energy Prices More Volatile Than Ever, Here Are A Few Strategies To Consider To Gain Control Of Your Energy Spend: If you haven’t already, explore energy efficiency, LED updates or solar opportunities to help reduce overall consumption and peak energy usage. Many suppliers have on-bill funding options with no…
View detailsNatural Gas WINTER 22-23 WORRIES CONTINUE TO PRESSURE THE MARKET UPWARDS NO RELIEF IN SIGHT. Worries about the lack of injections and possible storage shortages for next winter kept the Natural Gas price hovering near $8.00 for the week. Increased LNG exports will make up the bulk of increased demand in 2022, keeping pricing high…
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