Market Snapshot: Monday, December 5, 2023
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
Energy Market News & Updates
The energy market can quickly change. Check back for the latest headlines and stories that can effect your business operations and bottomline.
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
EIA: WEEKLY NATURAL GAS STORAGE The weekly gas storage report from the EIA showed the first withdrawal of the season with a withdrawal of -7 Bcf. This low withdrawal is
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
WEATHER HIGHLIGHTS: As projected, natural gas prices have fallen in the last week, with prompt-month pricing falling almost below $3.00. Since the start of November, natural gas prices have lost
TPI was a proud sponsor of Hattie Larlham’s Bright & Blue Gala, and it was an exceptional success, raising over $300,000 to support Hattie Larlham’s programs & services. The story
EIA: WEEKLY NATURAL GAS STORAGE The last two natural gas storage reports have shown a more robust injection than the five-year average, which is helping to keep the price of
EIA: WEEKLY NATURAL GAS STORAGE The last two storage reports have shown a more robust injection than the five-year average, which is helping to keep the price of Natural Gas
EIA: WEEKLY NATURAL GAS STORAGE Our gas injections continue to be weak this summer, and we will still be lucky to have a surplus by the end of withdrawal season
Oil, Natural Gas, and The Israel-Hamas Conflict After worries that the Israel-Hamas conflict could widen into a larger Mideast war, prices returned to normal. So far, the fighting has been
NATURAL GAS: NYMEX 12-MONTH ROLLING STRIP (NOV-OCT) In September, natural gas demand fell sharply in all sectors, from residential and commercial to industrial. This is likely due to mild weather
ALL ABOUT THE NATURAL GAS MARKET: NATURAL GAS: HIGH DEMAND The higher gas demand is coming from three places. The gas price in 2023 and 2024 has begun to dip
NATURAL GAS DEMAND WITH EXPORTS Even though we now have record natural gas production, we also have record demand for natural gas. When you add in the LNG exports, current
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
NATURAL GAS: BAKER HUGHES RIG COUNT FOR THE LAST FIVE YEARS Keep an eye on the Natural Gas rig counts. We have dropped from 166 rigs a year ago down
Based on current PJM load and weather forecasts, an annual peak day between 4 PM and 6 PM EDT will likely be established this afternoon, Tuesday, September 5th. Tomorrow and
This 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.