Natural Gas Market Newsletter: Week of December 2-8, 2024 Weather and Demand Outlook The weather continues to be the primary driver of natural gas markets, with recent cold spells bringing more buyers into the market. However, the outlook is shifting: Key Insight: January pricing remains among the lowest since 2013, despite recent fluctuations. Regional Weather Breakdown Midwest, Ohio Valley,…
View detailsNatural Gas Supply Update Natural Gas Storage Report LNG Demand January NYMEX Futures (since November 15) Natural Gas Production Report NYMEX 12-Month Strip ALL ABOUT THE NYMEX TWELVE-MONTH STRIP • The NYMEX Twelve Month Strip is the average of the upcoming 12 months of closing Henry Hub natural gas futures prices as reported on CME/NYMEX.…
View detailsAt TPI Efficiency, we prioritize your safety and financial well-being. Recently, there has been a concerning increase in energy-related scams targeting customers. We want to ensure you’re informed and protected against these fraudulent activities. Be Aware: Red Flags of Energy Scams Energy suppliers, including TPI Efficiency, will never: Stay Protected: Our Commitment to You TPI…
View detailsNatural Gas: Supply Dynamics Natural gas storage has seen a significant shift in recent weeks. After a year of primarily below-average injections, we’ve witnessed four consecutive weeks of injections surpassing the five-year average. This trend has exerted downward pressure on prices and brought storage levels closer to the 4,000 bcf benchmark. The impact of the…
View detailsExciting news for business leaders! TPI Efficiency has just released an insightful webinar recap on the recent PJM capacity auction results and their far-reaching implications. 🔍 “Energy Grid: Capacity Auction Results” – A must-watch for anyone concerned about future energy costs! Key highlights from the video: At TPI Efficiency, we’re committed to helping businesses navigate…
View detailsMarket Overview As we approach the withdrawal season, the energy market is experiencing significant shifts that could impact prices and supply in the coming months. This week’s newsletter focuses on key factors affecting the natural gas and electricity markets, including supply trends, LNG demand, weather patterns, and future price projections. Natural Gas Supply and Storage…
View detailsWeather Outlook 6-10 Day and 8-14 Day ForecastA much warmer than normal system is moving across the east, which should help reduce demand slightly. However, northern states and some Great Lakes states are still experiencing heating demand despite the warmer front. This mixed weather pattern suggests variable natural gas consumption in the coming weeks. Storage…
View detailsAs we transition between seasons, energy professionals and savvy consumers are closely monitoring what’s known as the “shoulder months” in the energy market. These periods, typically occurring in spring (March/April) and fall (September/October), can significantly impact energy prices and consumption patterns. Let’s dive into what shoulder months mean for the energy market and how you…
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