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Market Snapshot: Monday, May 22, 2023

Electriclty, Energy, In The News, Natural Gas, TPI Takeaway Market Snapshot, Utilities, WeatherBy adminMay 22, 2023

Energy News • Weather • Natural Gas • Electricity • Energy Market Headlines Weather: 6-10 DAY AND 8-14 DAY OUTLOOK This summer’s weather could start mild but is expected to warm up as an El Nino arrives in June. This will alter the current pattern of cooler temperatures in the Pacific Northwest from La Nina…

Market Snapshot: May 15, 2023: Meet El Nino!

In The News, TPI Takeaway Market Snapshot, WeatherBy adminMay 15, 2023Leave a comment

SUMMER WEATHER OUTLOOK: SAY HELLO TO EL NINO This summer’s weather could start mild but is expected to warm up as an El Nino arrives in June. This will alter the current pattern of cooler temperatures in the Pacific Northwest from La Nina and replace them with hotter temperatures.  As a result, this will likely…

Market Snapshot for Monday, May 8, 2023

In The News, TPI Takeaway Market Snapshot, WeatherBy adminMay 8, 2023Leave a comment

Natural Gas • Energy News • Electricity • Weather • EIA Storage Report EIA NATURAL GAS STORAGE REPORT ELECTRICITY HEADLINES US WEATHER OUTLOOK

Market Snapshot for May 2, 2023

In The News, TPI Takeaway Market Snapshot, WeatherBy adminMay 2, 2023Leave a comment

 WEATHER DEGREE DAYS  This summer’s weather outlook appears to be a bit milder than in the recent past. Four of the five most Weather Degree Day summers have been in the last five years with near record demand. This year may see milder temperatures and wetter weather, and an El Nino will end in late…

Market Snapshot: April 24, 2023

In The News, Natural Gas, TPI Takeaway Market Snapshot, Utilities, WeatherBy adminApril 24, 2023Leave a comment

Below is this week’s Market Snapshot / TPI Takeaway: NATURAL GAS: HIGH PRODUCTION AND MILD WEATHER LEAD TO LOWER PRICES IN THE FUTURE. EIA WEEKLY NATURAL GAS STORAGE REPORT CHART: THE DIFFERENCE THE FREEPORT OUTAGE HAS MEANT TO STORAGE Weather: 6-10 DAY AND 8-14 DAY OUTLOOK Electricity News PJM BGE HUB FORWARD POWER PRICING PJM…

Market Snapshot: April 17, 2023

EIA, Energy, In The News, Natural Gas, TPI Takeaway Market Snapshot, WeatherBy adminApril 17, 2023Leave a comment

WEATHER: COOLER TEMPERATURES MOVING THROUGH A cold front is moving through the US, bringing cooler temperatures and higher demand, which could explain our high electricity rates. However, it is not expected to be a strong cold front and could give way to warm tropical air pushing up through Florida and Texas. HIGH PRODUCTION AND MILD…

Market Snapshot: Monday, April 10, 2023

EIA, In The News, Natural Gas, TPI Takeaway Market SnapshotBy adminApril 10, 2023Leave a comment

NATURAL GAS CONTINUES TO BE PRICED BELOW FUTURE YEARS What Is Henry Hub?Henry Hub is a natural gas pipeline located in Erath, Louisiana that serves as the official delivery location for futures contracts on the New York Mercantile Exchange (NYMEX).  NATURAL GAS STORAGE REPORT The Freeport facility has final approval to process liquid natural gas…

Market Snapshot – March 27, 2023

EIA, Electriclty, Energy, In The News, TPI Takeaway Market Snapshot, WeatherBy adminMarch 27, 2023Leave a comment

NATURAL GAS IS STILL LOW, BUT WARNING SIGNS ARE ON THE HORIZON SUPPLY IS UP, BUT SO IS DEMAND. FirstEnergy Auction Results Almost Double FirstEnergy announced the results of its final three auctions last week. The final auction had five winning bidders and settled at $83.75. Along with the October 2022 auction at 122.20 and…

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