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Energy Market Snapshot: January 3, 2023

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 seeing added secondary natural gas production, a byproduct of oil drilling. FUTURE LNG EXPORT FACILITIES We will need that extra natural gas in the future…

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Energy Market Snapshot: Dec. 27, 2024

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, though it is still well below $3.00. It also looks like the weather will be closer to normal over the next 6-14 days, which will…

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Energy Market Snapshot: December 19, 2023

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 temperatures throughout the country and lower overall demand for natural gas than we did in 2022. We are approaching the market over the five-year average…

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Energy Market Snapshot: Monday, Dec 11, 2023

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. The temperatures will be relatively mild, with highs mostly ranging from the 30s to the 50s. In the southern US, temperatures will be comfortable, reaching…

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