Market Snapshot: Monday, October 31, 2022

EIA, In The News, TPI Takeaway Market Snapshot, Utilities, WeatherLeave a comment

Natural Gas Key Takeaways Prompt month NYMEX natural gas settled at $5.20/MMbtu on Monday, October 24, up $.24/MMbtu. After several very bearish sessions, near-month (November) NYMEX futures reversed direction on Monday, settling higher at the end of the day. Prompt-month NYMEX traded up $.16/MMbtu in early morning trading at $5.37/MMbtu. Calendar year 23-27 settled at…

TPI Takeaway Market Snapshot: October 24, 2022

Electriclty, Energy, In The News, Natural Gas, TPI Takeaway Market SnapshotLeave a comment

Ohio Electricity Rates More than Double By Summer Ohio FirstEnergy customers will see their electric bills rise starting next summer, as the Akron-based utility has purchased some of its electricity at more than twice the price it’s paying now. During the October 4th auction, FirstEnergy agreed to pay an average price of $122.30 per megawatt-hour for delivery…