Natural gas production hit all-time high recently and this bodes well for continued favorable, stable futures pricing. Demand for natural gas is up 4.8% over year ago while supply is up 7% for same timeframe. Overall outlook for coming months is continued stable pricing.
I always express caution this time of year as unknown factor of hurricane activity must be considered as we approach the season. With long term fixed pricing for both electricity and gas very favorable please contact me to discuss your contract status.
Regards,
John Thomas
