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Energy Market Snapshot: Feb 26, 2024

EIA NATURAL GAS STORAGE REPORT Only about five weeks are left in injection season, and we have solid storage numbers with a supply level of more than 22% over the five-year average. Expected storage by the end of injection season will be 1,800 Bcf, which is even better than last year’s numbers. NATURAL GAS TOTAL…

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Energy Market Snapshot: Feb. 19, 2024

NATURAL GAS STORAGE The EIA reported a withdrawal of 49 Bcf out of underground storage for the week ending February 9, 2024, vs. an estimated withdrawal of 71 Bcf. Inventories are 2,535 Bcf, 255 Bcf or 11.2% more than the same period last year, and 348 Bcf or 15.9% more than the 5-year average. NATURAL…

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Maryland Ratepayers Shouldn’t Pay for VA Lines

The Maryland Office of People’s Counsel has recently stated that Virginia should bear the transmission costs resulting from its data center incentive policy. The policy has been deemed unfair to Maryland ratepayers. You can read more about this story here: https://www.utilitydive.com/news/maryland-ratepayer-advocate-ferc-pjm-rtep-transmissision-cost-virginia-data-center/707338/

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