Market Snapshot: Week of June 19, 2023

Natural Gas – Energy – Electricity – Weather Headlines EIA: WEEKLY NATURAL GAS STORAGE REPORT A lower-than-expected injection into gas storage saw the cost of Natural Gas rises thirty cents since last Wednesday in the prompt month. Also contributing was the forecast for hotter temperatures in late June. Even next winter has risen almost 15…

EIA:ย Residential Retail Electric Choice Participation Rate has Leveled Off

In 2021, 26% of eligible U.S. customers participated in their state’s retail choice program, or 13.2 million U.S. residential electric customers, based on EIA’s Annual Electric Power Industry Report data. The participation rate in U.S. residential retail choice programs remained relatively unchanged from 2019 to 2021, following several years of modest growth.ย  In states with…