Commercial Electricity Rates Drop on Large Natural Gas Injection
Last year at this time only 23 BCF was injected into storage. This week, analysts expected an 88 BCF build, but instead we saw a whopping 93
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Last year at this time only 23 BCF was injected into storage. This week, analysts expected an 88 BCF build, but instead we saw a whopping 93
We saw a 91 BCF injection into natural gas storage today. This was just a few BCF higher than the expected 89 BCF. The market
Tracking the natural gas market is the key to understanding electricity price trends. There are those that rely solely on a technical view, and others
The U.S. Energy Information Agency reported an 85 BCF injection into natural gas storage this morning. This sent the prompt NG NOV 10 contract down
Analyst are predicting another large injection of natural gas tomorrow of approximately 78 BCF. If the analysts are correct, this would put storage at 3.49
According to the September 28, 2010 Commitment of Trader’s report from the Commodity Futures Trading Commission, large speculators and hedge funds slashed their long position by approximately
Consensus was that we would see a Natural Gas build of 69 BCF today. The actual injection came in at 74 BCF. This immediately sent
Every morning I wake up and check the financial news to get a sense of what is driving the market. This week several stories caught
After natural gas closed last week just above the $4 mark, Monday has seen an $.18 cent drop in the prompt contract. Thus, business electricity
As the hot days of summer dwindle away, and having seen a rather uneventful hurricane season, it should come as no surprise that natural gas
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