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Energy Market Snapshot: September 25, 2023

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 demand is above 2022 and 2021 and higher than the five-year average and the five-year average range. Demand and exports have been higher this summer,…

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PA Missing Carbon Credits

Two ongoing lawsuits have forced Pennsylvania to skip seven carbon credit auctions since joining the Regional Greenhouse Gas Initiative in early 2022; a delay environmentalists say has cost the state $1.5 billion.

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EIA: Natural Gas Market Retail Vs. Wholesale Pricing

Why do changes in retail natural gas prices lag in wholesale natural gas prices? Mainly due to the nature of utility regulation. So far this year, monthly average natural gas wholesale spot prices at the U.S. benchmark Henry Hub have generally declined. Still, these relatively low prices have not immediately translated into lower retail prices…

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