Natural Gas WINTER 22-23 WORRIES CONTINUE TO PRESSURE THE MARKET UPWARDS NO RELIEF IN SIGHT. Worries about the lack of injections and possible storage shortages for next winter kept the Natural Gas price hovering near $8.00 for the week. Increased LNG exports will make up the bulk of increased demand in 2022, keeping pricing high…
What’s causing prices to rise and what can you do to ease the effects on your bill?
Seven gas and electric companies cut off 270,000 Ohioans amid the pandemic and still saw billions in profit
EIA PROJECTS ABOVE $8.00 PER MMBTU FOR THE 2ND HALF OF 2022 PRICES WILL HURT UNTIL SPRING 2023. The EIA is projecting that average pricing will be $7.83 in 2Q 2022 and will average $8.59 in the second half of 2022 Pricing in 2023 will average $4.74 once production begins to catch up to demand.…
EIA reports Natural gas consumed by U.S. electric power sector sets a January 2022 record
Natural Gas: STORAGE WORRIES FOR NEXT WINTER CONTINUE TO INFLATE MARKET SOME RELIEF MAY BE ON THE WAY. Worries about Natural Gas Storage for Winter ‘22-’23 sent the market peaking above $9.00 last week, ever closer to a record high of $15.78 in December 2005 and the highest since 2008. The outlook does not look…
Weather: AVERAGE TEMPERATURES THROUGHOUT AS THE AVERAGE TEMP RISES. We can look forward to milder weather, with the last of the sub-freezing cold fronts hopefully past. Unfortunately, the late start to warmer temperatures has kept heating demand high, adding to our supply woes that are the worst since at least 2018. WHAT GOES UP MUST…
EIA: Liquefied natural gas exports continue to increase U.S. natural gas exports. https://www.eia.gov/todayinenergy/detail.php?id=52118