Market Updates

Electricity

Hurricane Season and the Energy Market

Hurricanes and tropical storms can have significant effects on the energy market due to their potential to disrupt both the supply and demand sides of natural gas and electricity. 

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Market Updates

March 2023 Wrap Up

As March comes to a close, we’re looking forward to spring in the Northeast and the beginning of what we call a “shoulder season” in the Energy Industry. This occurs when temperatures reach a comfortable area of 40-70 degrees Fahrenheit. These temperatures provide most facilities a great opportunity to cut electric and natural gas costs

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Electricity

February

As we head into the last weekend of February, New England is shaking off Winter Storm Olive which brought snow, rain, and strong winds to the region.  Overall, February’s mild temperatures in the Northeast and Midwest has kept natural gas storage withdrawals to a minimum. Yesterday saw a 71 Bcf withdrawal according to the U.S.

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Energy 101

Is Winter Making a Comeback?

Last week, we saw the price of Natural Gas fall to an 18 month low as mild weather in the Midwest and Northeast gave way to lower heating demand and an 11 bcf storage injection.   This mild weather pattern is not expected to last much longer as winter is preparing a comeback. NOAA’s long

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Electricity

December’s Weather Outlook

December’s temperature outlook has shifted into a much “warmer than normal” trend for the East Coast and Midwest.  Weather has been a considerable influence in the market of late and day to day forecasts have a significant role in market volatility.   For more insight on the electric and natural gas markets, feel free to send

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