Natural Gas Is Volatile! Market Snapshot: February 6, 2023

NATURAL GAS: FROM $9.35 IN SEPTEMBER TO $3.11 IN JANUARY, THE NYMEX HAS FALLEN FAR THE MARKET REMAINS VOLATILE ON COMPETING INDICATORS. A WARMER FORECAST IN THE EAST REDUCES THE DEMAND FOR ELECTRICITY AND NATURAL GAS NATURAL GAS: ย FUTURES PRICING FOR THE NEXT YEAR HAS COLLAPSED The market for future months has dropped by about…

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In the past 20 years, natural gas has displaced most coal-fired generation in Pennsylvania.

Natural gas-fired power plants generated 2% of the electricity produced in Pennsylvania in 2001. Over the next 20 years, natural gas-fired generation in the state will increase rapidly, reaching 52% in 2021. Natural gas displaced most coal-fired generation, which fell from 57% of the electricity generated in Pennsylvania in 2001 to 12% in 2021. Natural…

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