Wishing all of you an enjoyable Fourth of July holiday.

Per the attached you’ll note NYMEX natural gas futures virtually unchanged over last 90 days — we’ve had a few small price spikes along the way however, things always settle down due to robust production and fact that we’re running a supply surplus year-on-year. Current gas in storage (for upcoming winter) is 35% higher than year ago and 1.1% above the five-year average.

NYMEX Henry Hub Natural Gas Wellhead Monthly Settlement Pricing

U.S. gas production in April was just shy of all-time monthly record set in December 2014. This is significant. However traders/traitors are doing all they can to temper this fact in hopes of creating volatility and upward pricing movement.

Those darn things called facts, they sure can get in the way sometimes – even in this age of ignorance of facts.

Locking in your electricity and gas rates is the path to follow, do it now. Contact us.