As we begin the new year, the energy market faces significant challenges, particularly in supply. Natural Gas Supply Overview EIA: Natural Gas Storage Report Demand Analysis US Weather Outlook: Natural Gas Production Report NYMEX 12-Month Strip ALL ABOUT THE NYMEX TWELVE-MONTH STRIP • The NYMEX Twelve Month Strip is the average of the upcoming 12…
Energy Market Update As we approach the end of injection season, significant changes are underway in the energy market. Below, we highlight key developments in supply and demand and offer actionable advice for managing your energy costs. Weather Outlook and Natural Gas Demand (March 17-23) Natural Gas Supply Natural Gas Demand NYMEX 12-Month Strip ALL…
Supply Update Weather Outlook Demand Trends NATURAL GAS STORAGE REPORT LNG EXPORTS NYMEX 12-MONTH STRIP Strategic Recommendations Consider longer-term agreements for better rates if you’re not using a managed product, such as with smaller accounts. However, pass-through capacity should be used whenever possible to reduce premiums. For managed index products, focus on reducing or eliminating…
Energy Market Newsletter: December 23, 2024 Weather Demand and Natural Gas Pricing As we approach the end of the year, the energy market is experiencing significant shifts. While the recent cold spell is easing, forecasts for a colder-than-expected early January have pushed gas prices up to $4.00. This marks the second cold winter shot, and…
Weather and Demand We anticipate a retreat in energy demand and pricing as the recent cold front passes. The European forecast model suggests one more cold spell before the new year, while the American model predicts milder temperatures for at least the next 30 days. This long-term mild weather outlook may be causing the market…
Natural Gas Supply Update Natural Gas Storage Report LNG Demand January NYMEX Futures (since November 15) Natural Gas Production Report NYMEX 12-Month Strip ALL ABOUT THE NYMEX TWELVE-MONTH STRIP • The NYMEX Twelve Month Strip is the average of the upcoming 12 months of closing Henry Hub natural gas futures prices as reported on CME/NYMEX.…
At TPI Efficiency, we prioritize your safety and financial well-being. Recently, there has been a concerning increase in energy-related scams targeting customers. We want to ensure you’re informed and protected against these fraudulent activities. Be Aware: Red Flags of Energy Scams Energy suppliers, including TPI Efficiency, will never: Stay Protected: Our Commitment to You TPI…
Weather Outlook 6-10 Day and 8-14 Day ForecastA much warmer than normal system is moving across the east, which should help reduce demand slightly. However, northern states and some Great Lakes states are still experiencing heating demand despite the warmer front. This mixed weather pattern suggests variable natural gas consumption in the coming weeks. Storage…