Market Snapshot: Monday, Jan. 8, 2024
NATURAL GAS HEADLINES: STORAGE The market continued to rise with the onset of cold January weather. With below-average temps ready to cover most of the nation, demand for heat is
Energy Market News & Updates
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NATURAL GAS HEADLINES: STORAGE The market continued to rise with the onset of cold January weather. With below-average temps ready to cover most of the nation, demand for heat is
NATURAL GAS MARKET PRODUCTION Natural gas production remains strong, consistently broaching or approaching 105 Bcf daily. These are record production numbers. Due to the record oil production, we are also
NATURAL GAS: EIA Storage Report The last two storage reports have been either right on target or slightly above projections, and that has moved the pricing up just a bit,
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
WEATHER: 6-10 DAY AND 8-14 DAY OUTLOOK From December 11 to 17, weather systems will move across the western and eastern parts of the United States, bringing rain and snow.
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
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