You will note higher natural gas futures pricing since I last contacted you on October 24th. The natural gas market is being driven by recent shots of cold air in the Midwest and Great Overtaxed Northeast — along with predictions of colder shots next week. This is typical early-November, pre-winter market activity.

Gas in storage at the key November 1st date is adequate for the coming winter although 7% lower than the average of the last five end-of-season storage levels. Below is a graph courtesy U.S. Energy Information Administration (click on the graph for a larger version in pdf format).

As stated two weeks ago, another cold winter like last year will lead to energy price spikes and the only way to protect yourself is to lock in your rate. Please contact us to discuss.

NYMEX Henry Hub Natural Gas Wellhead Monthly Settlement Pricing as of November 7, 2014