High 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…
WEATHER: 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.…
NATURAL 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…
EIA: U.S. ELECTRICITY GENERATION BY SOURCE 2018-2024 If you look at the sources of electricity supply, natural gas, coal, and nuclear may have a clear lead, but if you add wind and solar together and then break them down ‘other‘ you find out that renewables are probably in second place as other also accounts for…
WEATHER: 6-10 DAY AND 8-14 DAY OUTLOOK Intense heat moving north from Texas creates a funnel of intense heat up through the Plains States and almost to the Canadian border. Dallas, TX, will see temperatures over 100 later this week. Minneapolis will see temps in the 90s at the same time. This heat will move…
Natural Gas: EIA WEEKLY NATURAL GAS STORAGE REPORT Keep an eye on the gas storage report. While we still have a surplus of natural gas compared to the five-year average, especially last year, the recent injections have been smaller than in the past, and the surplus is shrinking. This is a sign that demand continues…
US Weather: 6-10 DAY AND 8-14 DAY OUTLOOK Energy Demand: ABOUT LAST WEEK’S PEAK DEMAND ALERTS EIA: WEEKLY GAS STORAGE The Natural Gas Market took a bit of a dip on Wednesday, falling from its weeklong high of $2.755 and down more than ten cents to $2.642. This dip was prompted by weather forecasts calling…
When was the last time you audited your business’ utility bills? There are 19 billion reasons why you should consider TPI’s risk-free utility audit. The U.S. Energy Information Administration reported that public utility companies had overbilled their customers by approximately $19 billion. This overbilling was in just one year! More than 70% of the utility customers’…
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