EIA PROJECTS ABOVE $8.00 PER MMBTU FOR THE 2ND HALF OF 2022 PRICES WILL HURT UNTIL SPRING 2023. The EIA is projecting that average pricing will be $7.83 in 2Q 2022 and will average $8.59 in the second half of 2022Pricing in 2023 will average $4.74 once production begins to catch up to demand.The cause of this high average is the supp...
In The News: EIA Naturgal Gas Record
EIA reports Natural gas consumed by U.S. electric power sector sets a January 2022 record
TPI Market Snapshot for May 2, 2022
Weather: AVERAGE TEMPERATURES THROUGHOUT AS THE AVERAGE TEMP RISES. We can look forward to milder weather, with the last of the sub-freezing cold fronts hopefully past. Unfortunately, the late start to warmer temperatures has kept heating demand high, adding to our supply woes that are the worst since at least 2018. WHAT GOES UP...
In The News: EIA LNG
EIA: Liquefied natural gas exports continue to increase U.S. natural gas exports. https://www.eia.gov/todayinenergy/detail.php?id=52118
In The News: Gas Rates Expecting to Jump 13% or More Next Winter
Don’t wait to get your natural gas rate locked in for the coming winter: PECO requests natural gas delivery rate increase. Bills could go up 13%!