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Energy Market Snapshot: April 8, 2024
NATURAL GAS PRODUCTION The Natural Gas market is undergoing a significant transformation, with drillers scaling back production. This has resulted in a consistent 4-5 weeks of production declines, culminating in last week’s output of less than 100 Bcf/d. This is a significant development, marking the lowest production levels since...
Energy Market Snapshot: April 1, 2024
NATURAL GAS STORAGE We are now in the injection season with a substantial +669 Bcf surplus over the five-year average. This surplus and robust oil production numbers will likely keep prices relatively stable, hovering within a dollar or two of these prices until at least next spring. OUR GAS SURPLUS Production cuts are tak...
Natural Gas At Four-Year Low
Are you ready to make significant savings on your business’s energy costs? Now’s the time to act! With gas prices hitting a four-year low in the U.S., there’s never been a better opportunity to secure incredible rates and pump up your savings. Our team understands the importance of seizing the moment when controlling your ...
Oil & Gas Leaders Spread Misinformation About Clean Energy
⛽ At a Texas energy conference, oil and gas leaders argued that the clean energy transition falters despite significant investment. They advocate for costly and unproven measures like carbon capture and hydrogen to sustain their industry. Read more: https://www.theguardian.com/environment/2024/mar/20/fossil-fuels-oil-and-gas-clean-energy
Utility Fraud Threaten the Clean Energy Transition
The FirstEnergy scandal in Ohio is just the tip of the iceberg in the resurgence of fraud and corruption in the U.S. utility sector. As companies aim to spend billions on clean energy initiatives, we must remain vigilant against unethical practices. #utilitysector #corruption #cleanenergy #ethics Utility Fraud and...
Regulators Urge MISO & PJM Cooperation
State utility regulators are urging MISO and PJM to enhance their joint long-term interregional transmission planning to guarantee reliability in the face of increasing demand and renewables. Read The Article >>
Indictments: FirstEnergy Scandal Comes Into Focus
The recent Ohio indictments shed light on the FirstEnergy scandal and the squalid relationships that led to it. The scandal has taken the energy industry by storm and brought to light the corruption and unethical practices that have been taking place. Read the article >>
EPA: Utilities Not Cleaning Up Toxic Coal Ash
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Energy Market Snapshot: Week of Feb. 5, 2024
EIA: NATURAL GAS STORAGE REPORT With the cost of natural gas climbing due to the added cost of gas from the Middle East, US LNG producers are maxing out the capacity of LNG facilities to sell their products where they can make the most money. It’s a global market, and NG producers will try to sell it where the highest profit is. ...
