BREAKING NEWS: POSSIBLE EFFECTS OF THE ISRAEL-HAMAS CONFLICT ON THE ENERGY MARKET
It’s important to note that conditions change quickly in this ongoing conflict, and the market’s reaction remains to be seen.
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…
El Niño and Its Potential Impact on Natural Gas Pricing in the US this Winter
As winter approaches, the energy industry in the United States closely monitors various factors that can influence natural gas pricing. One such factor that can significantly impact is the El Niño phenomenon. El Niño, characterized by the abnormal warming of sea surface temperatures in the equatorial Pacific Ocean, can disrupt weather patterns worldwide. Understanding El…
TPI Market Snapshot: Monday, October 2, 2023
ALL ABOUT THE NATURAL GAS MARKET: NATURAL GAS: HIGH DEMAND The higher gas demand is coming from three places. The gas price in 2023 and 2024 has begun to dip just a bit (though it did go up last week), but further out, we are seeing pricing trend upwards in 2026, 2027, and 2028. This…
In the news: Why Maryland Is Struggling to Meet Its Own Aggressive Climate Goals
Clean energy project interconnection issues and continued use of trash incineration plants will make it hard for Maryland to reach its ambitious climate goals, even as the state receives federal funds for emissions reduction. The story >>
Natural Gas Supplier to Develop Biogas Capture Plants
An energy supplier and a renewable natural gas developer agree to build and operate an RNG facility that captures landfill-emitted biogas in New Jersey’s Egg Harbor Township. #RNG #biogas #newjersey #energynews #biogasdevelopment #renewables #renewableenergy
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,…
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.
Michigan Carbon-Free Transition News
A Michigan Senate committee takes testimony on bills that would transition the state to 100% carbon-free electricity by 2040.
