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Market Snapshot: Monday, October 16, 2023

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 limited to around the Gaza Strip except for a few rocket attacks from Hezbollah from Syria and Lebanon in the north. While neither Israel nor…

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Net Zero Is Within Reach: Climate Experts Say

Net zero is “within grasp:” Climate policy analysts say the U.S. goal of net zero emissions by 2050 is “actually within grasp” if the country focuses on electric vehicles, building decarbonization, and clean energy deployment. #netzero #climatechange #emissions #IRA #decarbonization ‍‍‍‍‍‍‍‍‍‍‍‍‍‍‍‍‍‍‍‍

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Solar Eclipse of The Heart: Grid News

PJM anticipates no reliability issues and minimal impacts to solar generation in its region, spanning 13 states and Washington, D.C., during the solar eclipse on October 14. The eclipse occurs when the moon passes between the sun and the earth and will be most visible on the morning of Oct. 14 in the western U.S.,…

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Market Snapshot: Monday, October 9, 2023

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 throughout the country and no actual heat demand until this last week. Below average temps are moving across the country, so look for higher heating…

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