Per attached you’ll note insignificant change in NYMEX futures pricing since January. Looming ahead is summer heat, potential hurricane activity and Winter 2017-2018 forecasts, all of which will impact the direction of futures pricing. Other factors include declining gas production, increased gas exports, and the relatively low amount of gas in storage here in the Great Northeast. And one last factor – price of gas going into underground storage for use this winter is approximately 33% higher than last winter. This will most assuredly result in considerably higher prices this winter.

Should we have a normal Northeast winter, with sustained cold, higher pricing for gas and electricity will result. With attractive fixed rates available, it’s time to lock. Please contact us anytime.

NYMEX Henry Hub Natural Gas Wellhead Monthly Settlement Pricing.