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EIA: Henry Hub Spot Pricing Expectations
The EIA reported this week that it expects Henry Hub natural gas spot price to average under $3.00/MMBtu in 2024 and 2025.
Market Snapshot: Monday, Jan. 8, 2024
NATURAL GAS HEADLINES: STORAGE The market continued to rise with the onset of cold January weather. With below-average temps ready to cover most of the nation, demand for heat is expected to go up, and natural gas drilling in areas like South Dakota could see wellhead freeze-offs, affecting production. The market for prompt month Natura...
Energy Market Snapshot: Dec. 27, 2024
Energy News• TPI Takeaway • Welcome to the last Market Snapshot of 2023! NATURAL GAS: EIA Storage Report The last two storage reports have been either right on target or slightly above projections, and that has moved the pricing up just a bit, though it is still well below $3.00. It also looks like the weather will be closer to norma...
Energy Market Snapshot: December 19, 2023
High Natural Gas Production: High production, mild winter weather, and its effect on demand have been the main drivers of Natural Gas and electricity pricing. We continue to see warmer-than-normal temperatures throughout the country and lower overall demand for natural gas than we did in 2022. We are approaching the market over the five...
EIA: Record Natural Gas Storage
The United States begins the winter with the most natural gas in storage since 2020! The story >>
NY Almost Ran Out of Natural Gas Last December
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Market Snapshot for Monday, Nov. 20, 2023
NATURAL GAS HEADLINES: As expected, the market reacted strongly to last Thursday’s two-week storage report. However, the news was good for those looking to finalize their energy agreements. The final total for the two weeks was a +60 Bcf INJECTION, which sent the gas market tumbling and brought the prompt month below $3.00. The Henry Hub is...
On The Homefront: Free Energy Audit for Dominion Energy Customers
Does Dominion Energy supply your home with natural gas? A woman is pressing the down button of a wall attached house thermostat with digital display showing temperature 70 degree Fahrenheit for heating, cooling, electricity and gas saving If so, you’re in luck! Dominion offers free residential energy audits – a $25 savings. ...
Market Snapshot: Tuesday, November 14, 2023
WEATHER HIGHLIGHTS: As projected, natural gas prices have fallen in the last week, with prompt-month pricing falling almost below $3.00. Since the start of November, natural gas prices have lost $0.60 from $3.62 to $3.018 on Friday. This drop coincided with a change in the weather forecast, which called for milder temperatures than initiall...
