Our main concern moving forward is simple: natural gas exports are rising while natural gas production, specifically from shale basins, is falling. Result is “uncertainty” over meeting obligations this winter which in turn causes volatility in natural gas markets. Near term futures pricing generally is impacted to a greater degree than outer months. This is happening now.

A reminder that we have not experienced an active hurricane season for seven years; combine this with back-to-back mild winters here in the Northeast and the result has been an overall favorably priced market. However, when either one of these conditions change and we return to more normalized conditions, and we will, the stage will be set for potential price spikes and longer term higher rates.

Our recommendation is to lock in your rate for either 24 or 36 months. Please contact us anytime.

NYMEX Henry Hub Natural Gas Wellhead Monthly Settlement Pricing.

Wising all of you a happy Easter. For us it’s time to celebrate the resurrection of Jesus Christ and acknowledge His suffering and death on the cross. He paid our sin debt in full, He lives and He is coming again.