Per the attached you’ll note virtually unchanged natural gas futures pricing during month of April. Robust gas production continues, keeping prices in check. Moving forward, it’s all about summer temperatures – if upcoming forecasts call for warmer-than-normal temperatures we could see higher pricing. Conversely, if normal or cooler-than-normal temperatures are forecast we may see lower […]
March Energy Update – Spring is here
Winter is over, just a formality for Spring to officially arrive one week from today. There may be shots of cold here and there, however Spring has sprung. Good riddance to a long, cold and windy winter. And to high electricity rates. Late last year we wrote all of you offering the thought that Winter […]
Our February 2015 Natural Gas/Electricity Update
Ample supply continues to drive natural gas pricing lower. Much of the nation is experiencing normal to above normal temperatures and this is driving the market lower. Failure of weather models to perform as predicted (not as cold) is causing traders to pull back on buying, resulting in stable-to-lower pricing. Look at the calendar, winter […]
Happy 2015 and our Natural Gas/Electricity Update
Suddenly we realized we never wished all of you “Happy New Year.” We apologize, please accept at this time, all the best in 2015. Worldwide oil price drop applies to natural gas as well, biggest factors for gas being lack of sustained cold here in the Great Overtaxed Northeast along with continued robust production. There […]
Merry Christmas and our Natural Gas/Electricity Update
Attached gas futures pricing shows result of warm December weather — lower pricing. Warm weather combined with drop in worldwide oil prices has produced pricing far different from what we were experiencing last year at this time when we were in the grips of sustained cold. Will this continue? Winter has yet to show up […]
Winter is here…
Winter is here and natural gas futures pricing is stable, as confirmed by the attached. Gas in storage for the winter heating season is adequate, however gas in storage today here in the Great Overtaxed Northeast (which is largest consuming region) is down 4% over last year and 9% lower than five-year average. Anticipate that […]
November 7, 2014 Updates
You will note higher natural gas futures pricing since I last contacted you on October 24th. The natural gas market is being driven by recent shots of cold air in the Midwest and Great Overtaxed Northeast — along with predictions of colder shots next week. This is typical early-November, pre-winter market activity. Gas in storage […]
NY Green Bank Investments
New York Green Bank Begins Transactions By ENERKNOL RESEARCH NY Green Bank’s initial transactions will produce more than $800M in investments supporting clean energy projects that would annually avoid 575,000 tons of carbon emissions. On October 22, 2014, New York Governor Andrew M. Cuomo announced the NY Green Bank’s first seven transactions, which – supported […]
Energy growth spurs industrial growth
From the NY Times: Boom in Energy Spurs Industry in the Rust Belt YOUNGSTOWN, Ohio — Waist-high weeds and a crumbling old Chevy mark the entrance to a rust-colored factory complex on the edge of town here, seemingly another monument to the passing of the golden age of American industry. But deep inside the 14-acre […]