Mild weather and impressive storage numbers keep the natural gas price low. GAS KEEPS DROPPING IN MILD WEATHER, AND SURPLUS STORAGE NATURAL GAS STORAGE IS NOW 16.8% HIGHER THAN LAST YEAR. NATURAL GAS STORAGE REPORT A BIT OF COOLER AIR IS MOVING IN FROM THE NORTHEAST Cold weather from Western Canada will bleed into the…
THE NATURAL GAS MARKET CONTINUES TO BOUNCE ALONG THE FLOOR NEAR $2.50 A STRONG EASTERN RIDGE OF WARM AIR KEEPS DEMAND DOWN. NATURAL GAS STORAGE REPORT THE US REMAINS COLDER IN THE WEST, WARMER IN THE EAST The natural gas market continues to bounce near $2.50 thanks to warmer weather in the East and substantial…
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…
THE 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…
Natural 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…
Natural 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
Natural 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…
Natural 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…
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