Electricity Rates Drop as Natural Gas Supply Grows
Natural gas closed the short week before Easter down 5.3 cents to settle at $2.088 pre MMBTU. This drop was the result of another 42
April 6, 2012 No Comments
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Natural gas closed the short week before Easter down 5.3 cents to settle at $2.088 pre MMBTU. This drop was the result of another 42
The Energy Information Administration (EIA) reported yesterday that 127 BCF of gas was withdrawn from storage last week, compared to the market expectation of a
According to a report from Dow Jones Newswires, natural-gas futures prices were trading lower Friday on expectations that the rest of winter weather won’t be
As blogged about in previous entries, the relationship between natural gas and electricity is pretty simple: electricity prices mirror the gas market. Lately, a shale-driven
In natural gas news, inventories continue to increase while prices continue to decrease. With an already robust natural gas supply and demand for natural gas-fired
Electricity producers are breathing a sigh of relief…at least for a few more months. On December 30, it was reported that the EPA must delay
Natural gas futures in New York fell to a 27-month low for a second straight day after the EIA’s report showed a smaller-than-average decline in
Any gains made on Thursday fizzled Friday as traders focused on larger-than-average natural gas inventories. As a result, natural gas for January delivery settled down
Forecasters call for still more mild winter weather into mid-December. As a result, natural gas prices have fallen 5.1 percent the past two sessions. Natural
Natural gas futures for December delivery ended the day down nearly 3% – prompting a flurry of sell-offs. After a minute rebound Thursday, prices struggled
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