EIA: Henry Hub Pricing
The EIA reported that U.S. monthly average Henry Hub spot price nearly doubled in 12 months.
Market Snapshot: July 11, 2022
Natural Gas VOLATILITY IS STILL THE KEYWORD MARKET JUMPS 83 CENTS ON SMALL STORAGE REPORT The market jumped 83 cents on Thursday on news of a smaller-than-expected storage report that continued worries about our storage situation going into Winter ’22. The closing of the Freeport LNG facility has spooked investors as we are more than…
Latest Energy News: Market Snapshot – July 6, 2022
HEAT PERSISTS THROUGH TEXAS AND THE PLAINS STATES Natural Gas: THE MARKET HAS DROPPED ALMOST $4.00 IN THE LAST MONTH FREEPORT AND EASING WEATHER EXTREMES From a high of $9.54 on June 8th, when the Freeport facility suffered the explosion, the market has dropped $3.75 in the last month, and electricity pricing is finally catching…
EIA: New Oil and Gas Fields in the Gulf of Mexico
The EIA has reported that nine new Gulf of Mexico natural gas and crude oil fields to start in 2022 https://www.eia.gov/todayinenergy/detail.php?id=52819
Feel like there are billing errors on your recent gas bills?
After several customers have received inaccurate bills in recent weeks, a newspaper explains what to do if the weather normalization adjustment on your gas bill seems wrong.
Market Snapshot for the Week of June 27, 2022
HEAT PERSISTS THROUGH TEXAS AND THE PLAINS STATES JULY MARKET CONTINUES TO SLIP DOWNWARDS FREEPORT AND EASING WEATHER EXTREMES From a high of $9.54 on June 8th, when the Freeport facility suffered the explosion, the market dropped $3.45 in less than three weeks. While the slide has slowed, easing extremely hot weather forecasts has helped…
Market Snapshot for Monday, June 20, 2022
TPI Takeaway WARMER TEMPERATURES COAST TO COAST WILL RESULT IN HIGHER DEMAND Despite the drop in Natural Gas which has historically been a massive driver of electricity prices, the cost of electricity continues to rise. This is primarily due to extreme temperatures and demand from coast to coast. This summer is predicted to be a…
EIA: Latest LNG Exports
EIA reports that European liquid natural gas (LNG) imports set an all-time historical record high in April 2022 The details: https://www.eia.gov/todayinenergy/detail.php?id=52758
TPI Market Snapshot for June 13, 2022
RECORD HEAT CONTINUES THROUGH THE PLAINS STATES AND TEXAS Even with 1/6th to 1/7th of exports off the board, record heat in the South and in the Plains states continues to drive pricing. Cooling demand is here and here to stay for the next few months. EXPLOSION AT FREEPORT LNG FACILITY SENDS MARKET TUMBLING FREEPORT…
