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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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 ›

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 ›

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 ›

Many businesses in Zanesville, Ohio   had good fixed energy rates, but now they have ended. Electric suppliers are hoping Zanesville, Ohio   businesses are asleep and will keep paying very high monthly variable rates. The sad truth is most are doing just this. RD Energy is working hard to be the alarm clock! 

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