Shoulder Season Pricing in the Energy Market The term “shoulder season” in the energy market refers to periods of relatively low energy demand, typically occurring during the spring (March to May) and fall (September to November). These periods are between the high-demand seasons of summer and winter, when energy usage peaks due to cooling and…
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…
This week’s energy market update involves factors influencing pricing and demand. Here’s what you need to know: Weather and Demand The cool weather pattern is expected to persist for another week, keeping the market steady. While there has been a slight upward movement in prices, we haven’t seen any dramatic swings. The forecast indicates one…
Weather and Demand A chilly forecast is sweeping across the United States, promising another significant withdrawal from natural gas reserves in the coming days. Despite the extreme cold, production experienced a slight dip of a few Bcf/d last week, likely due to well freeze-offs in North Dakota and the Permian Basin. 6-10 & 8-14 Day…
January Market Snapshot: Cold Snap Drives Prices Up The energy market is experiencing significant shifts as we enter the new year due to extended cold temperatures and supply concerns. Here’s what you need to know: Weather and Demand The cold temperatures we’ve been experiencing are forecast to extend into February, potentially leading to a more…
Weather and Demand 6-10 & 8-14 DAY TEMPERATURES NATURAL GAS STORAGE REPORT Supply and Pricing Strategy UPCOMING LNG FACILITIES LNG Demand and Exports LNG exports have become crucial in natural gas pricing due to their impact on domestic storage. Recent developments include: NYMEX 12-MONTH STRIP ALL ABOUT THE NYMEX TWELVE-MONTH STRIP • The NYMEX Twelve Month…