In The News: EIA Naturgal Gas Record
EIA reports Natural gas consumed by U.S. electric power sector sets a January 2022 record
Market Snapshot for Week of May 9, 2022
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…
TPI Market Snapshot for May 2, 2022
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…
In The News: EIA LNG
EIA: Liquefied natural gas exports continue to increase U.S. natural gas exports. https://www.eia.gov/todayinenergy/detail.php?id=52118
All Eyes On The Natural Gas Market
MARKET CONTINUES TO SHOOT SKYWARD, PASSING $7.00 THE NATURAL GAS MARKET ROSE OVER A DOLLAR LAST WEEK. Storage concerns for next winter continued to drive the price of Natural Gas up and up with no ceiling in sight. A combination of storage worries, Ukraine worries, and cooler weather sent the market up more than a…
TPI Market Snapshot for Monday, April 11, 2022
Energy News: E.U. Recommends Russian Ban The E.U. recommends a complete oil, gas, and coal ban on Russian energy. This recommendation carries no official weight, and, so far, only Russian coal has been sanctioned. But this recommendation is another step closer to Europe banning all Russian energy over the Ukraine invasion. The U.S. will have…
In The News: Gas Rates Expecting to Jump 13% or More Next Winter
Don’t wait to get your natural gas rate locked in for the coming winter: PECO requests natural gas delivery rate increase. Bills could go up 13%!
Market Snapshot – Week of April 4th, 2022
HIGH POPULATION CITIES SHOULD SEE LOWER DEMAND Milder weather is projected for mid-April, but we may still see a withdrawal this week of 25-35 Bcf. This late cold snap is hurting our chances to rebuild gas storage for the upcoming winter, which may make for an even worse market than we had this past winter.…