winter

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

Read More »
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.

Read More »
Electricity

January Outlook

Last week, natural gas fell to the lowest we’ve seen since December 2021 trading below $4.00/mmbtu. An increase in domestic supply and above average temperatures in the Midwest and East Coast are playing a major role. Have we seen natural gas reach a floor price for the winter? Winter? What winter? Weather continues to be

Read More »
Scroll to Top