Blog Archives

RD Energy Newsletter: November 2018.  Surging Prices With Colder Forecasts!

November 2018 Energy Update
Key Drivers:

  1. Colder updated weather forecast is causing December 2018 NYMEX to surge $.24 early on 11/5 to $3.53/MMBTU.
  2. The natural gas storage deficit continues to range from 10% – 24% regionally throughout the United States
  3. November 2018 NYMEX settled at $3.185/MMBTU versus November 2017 at $2.752/MMBTU
  4. Natural gas production continues to rise,

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RD Energy Update: Rising Price Alert!

Special Edition Energy Update
Important Wholesale Market data you should be aware of:

  1. The natural gas wholesale market was trading range bound for the 5 months of May  – Sept. at an average price of $2.88/MMBTU
  2. NYMEX by the end of September traded at $3.02/MMBTU.
  3. On 10/17/18 the NYMEX prompt month traded at $3.33/MMBTU or up $.45/MMBTU since the end of August.

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RD Energy Newsletter: October 2018

October 2018 Energy Update
Key Drivers

  1. Storage deficit this late in the injection season
    1. 20% deficit versus year ago levels
    2. 18% deficit versus 5 year average
    3. Current pace of injections could result in lowest level in storage heading into winter since 2003
  2. Weather – Cold in western half and hot in the eastern half
    1. Below temperatures in western half of U.S.

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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: 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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