We are seeing bit of a pull back from recent spikes in natural gas futures and electricity pricing.  On Thursday the U.S. Energy Information Association reported a build in natural gas storage inventory for week ending November 5th and predict another build/injection next week when storage inventory is reported for week ending November 12th.  Normally we see storage withdrawals in November and this is driving down the market.  Combine this with current warmer-than-normal temperatures, along with predictions for same near-term, and we have lower futures pricing – for now.  

Winter weather can change quickly, best way to protect yourself is to lock in your natural gas and electricity rates.  Please contact me with any questions. 

Regards, 

John Thomas