Blog Archives

RD Energy Newsletter: August 2018

August 2018 Energy Update
Key Drivers

  1. Natural gas storage levels are 24% lower than last year and 20% lower than the 5 year average
  2. U.S. natural gas production has reached a new high, but rising demand is keeping storage injections low
  3. Mild weather in the mid-west is offset by blazing heat in South,

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RD Energy Newsletter: July 2018

July 2018 Energy Update
Key Drivers

  1. June started the cooling season the 2nd hottest the nation has seen since 1950
  2. NG storage levels trailing both one year ago and 5 year levels.  Shortfall may exist into winter
  3. Looking at historical storage level fundamentals based on the current deficit NG prices could be around $3.75 /MMBTU- $4.00/MMBTU. 

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RD Energy Newsletter: June 2018 For Hebron, Ohio

June 2018 Energy Update
Key Drivers

  1. Natural gas NYMEX is up for the third month in a row to $2.95/MMBTU
  2. Natural gas prices are up $.25/MMBTU in the past 30 days
  3. Supply/Demand balance week ending May 31: Supply of 85.7 bcf/day – demand 72 bcf/day = 13.7 bcf/day injected into storage
  4. Hot weather will increase power demand of natural gas
  5. Key question: Will the storage deficit be gone before winter if demand continues to increase faster than new supply?

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RD Energy Newsletter: June 2018 For Alexandria, Ohio

June 2018 Energy Update
Key Drivers

  1. Natural gas NYMEX is up for the third month in a row to $2.95/MMBTU
  2. Natural gas prices are up $.25/MMBTU in the past 30 days
  3. Supply/Demand balance week ending May 31: Supply of 85.7 bcf/day – demand 72 bcf/day = 13.7 bcf/day injected into storage
  4. Hot weather will increase power demand of natural gas
  5. Key question: Will the storage deficit be gone before winter if demand continues to increase faster than new supply?

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RD Energy Newsletter: June 2018 For Newark, Ohio

June 2018 Energy Update
Key Drivers

  1. Natural gas NYMEX is up for the third month in a row to $2.95/MMBTU
  2. Natural gas prices are up $.25/MMBTU in the past 30 days
  3. Supply/Demand balance week ending May 31: Supply of 85.7 bcf/day – demand 72 bcf/day = 13.7 bcf/day injected into storage
  4. Hot weather will increase power demand of natural gas
  5. Key question: Will the storage deficit be gone before winter if demand continues to increase faster than new supply?

Read more ›

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RD Energy Newsletter: June 2018 For Granville, Ohio Residents

June 2018 Energy Update
Key Drivers

  1. Natural gas NYMEX is up for the third month in a row to $2.95/MMBTU
  2. Natural gas prices are up $.25/MMBTU in the past 30 days
  3. Supply/Demand balance week ending May 31: Supply of 85.7 bcf/day – demand 72 bcf/day = 13.7 bcf/day injected into storage
  4. Hot weather will increase power demand of natural gas
  5. Key question: Will the storage deficit be gone before winter if demand continues to increase faster than new supply?

Read more ›

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RD Energy Newsletter: June 2018

June 2018 Energy Update
Key Drivers

  1. Natural gas NYMEX is up for the third month in a row to $2.95/MMBTU
  2. Natural gas prices are up $.25/MMBTU in the past 30 days
  3. Supply/Demand balance week ending May 31: Supply of 85.7 bcf/day – demand 72 bcf/day = 13.7 bcf/day injected into storage
  4. Hot weather will increase power demand of natural gas
  5. Key question: Will the storage deficit be gone before winter if demand continues to increase faster than new supply?

Read more ›



RD Energy Newsletter: May 2018

May 2018 Energy Update
Key Drivers

  1. After an extended winter, natural gas storage in the U.S. ended up with a 527 bcf deficit
  2. Current storage is 35% lower than last year and 22% lower than the 5 year average
  3. To make up the deficit an extra 5.5 bcf/year will need to be injected
  4. over the 29 weeks
  5. Natural gas production in the U.S.

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April 2018 Newsletter

April 2018 Energy Update

Key Drivers

  1. Natural gas prices have flattened with April NYMEX closing in late March at $2.691/MMBTU
  2. Natural gas continues to set new records 79.1 bcf/day or 7.3 bcf/day higher than a year ago.
  3. Oil prices are bullish with Crude Oil trading around $66/bbl. 

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RD Energy Newsletter: March 2018

March 2018 Energy Market Update

KEY DRIVERS

  1. Strong start to winter NG demand in December/January hit the brakes in February.
  2. Final end of the winter season NG storage expected to be around 1400 bcf.  The 5 year average is 1718 bcf.
  3. Having a deficit storage balance against the 5 year average is bullish. 

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