As we head into 2026 we continue to deal with high electricity pricing with no indication of lower pricing on the horizon. We are in a new “stratosphere” due to multiple factors mentioned in previous Updates. Driving factors continue to be increased consumer demand, AI demands and transition to renewable energy sources. Closure of reliable power generation […]
November Electricity & Natural Gas Update
As we approach December 1st, NYMEX futures pricing basically mirrors late-July pricing, with normal up and down variations during the four-month timeframe. Winter has arrived, here is today’s factors affecting what we may expect this winter. Record production of natural gas continues. Gas in storage is at ample levels. Cold weather in the Northeast is expected on Thanksgiving […]
Mid-April 2025 Electricity and Natural Gas News
Natural gas futures have fallen since last contacting you on March 21st, not surprising as winter and large consumption months are behind us. Pricing is significantly higher than year ago. Looking forward, there are a few factors driving the markets. Tariff volatility is affecting the natural gas markets, to what extent long term remains to be seen. Regarding […]
Late March 2025 Electricity and Natural Gas News
Winter is over, at least in the energy commodity markets. Focus now switches from concerns over cold weather and ample supply to “where we stand” heading into summer 2025 and beyond. Record natural gas demand and surging electricity demand impacts pricing moving forward. Whether futures pricing rise or fall from today’s settlement prices (see attachment) is question of […]
2024 Year-End Electricity and Natural Gas Update
As we close out 2024, per the attached, you will note today’s pricing for upcoming, all important winter months natural gas futures contracts is lower by varying degrees than March 2024 pricing. Pricing fluctuated higher and lower over the last nine months, however for the most part pricing was nicely range bound. With one winter month […]
December 2024 Electricity and Natural Gas Update
As we head into Thanksgiving and winter heating season, natural gas futures are nicely positioned and as things currently stand, pricing looks favorable moving forward. Winter weather forecasts are calling for normal to warmer-than-normal temperatures for the Great Overtaxed Northeast along with periodic shots of frigid air. Futures markets can handle shots of cold weather although […]
October 2024 Electricity and Natural Gas Update
Natural gas futures pricing continues to be stable as we head into the winter heating season. Among the reasons for stable pricing is plenty of supply due to last winter being one of the warmest on record, resulting in high gas inventory at the conclusion of the winter heating season. Production remains robust in 2024 and […]
June 2024 Electricity and Natural Gas Update
Last week I updated homepage information on our website, here it is for this month’s update. Summer 2024 is here and it is time to look at electricity and natural gas supply pricing options. A common concern among business owners is knowing when to lock in your rates and for how long. With 25 years experience in electricity […]
April 2024 Electricity and Natural Gas Update
This year’s natural gas narrative continues to be warm winter weather resulting in high inventory of gas in storage along with lower near term futures pricing. As mentioned in previous Update, lower pricing means production cuts and tighter supply which some say will lead to higher pricing down the road. I highly recommend looking now at renewal rates […]
Electricity and Natural Gas Update – March 2024
Our unusually mild winter continues, resulting in high inventory of natural gas along with falling near term monthly futures pricing. Forecasts are calling for warmer-than-normal temperatures through mid-March. Last week a large gas production company announced a 30% production cut in 2024 due to low prices and the market spiked 13%. Prices have settled down since […]