Month: May 2022

RD Energy Stay Current Newsletter: May 2022 – Flipping The Switch from Heating To Cooling Demand Causes Surge In Energy Prices

Key Drivers  Natural gas demand flips from heating to cooling with higher temperatures in Texas Long Speculators are squeezing the wholesale natural gas and electric markets up too much Natural gas drilling ramping up, but the first deliveries will be 2022 Q4 or 2023 Q1 Will the natural gas storage deficit grow this summer? Very …

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RD Energy Stay Current Newsletter: April 2022 -Energy Prices Still Soaring

Key Drivers Revised cooler April temperature outlooks add much more natural gas consumption End of 2022 winter NG storage is at a 19.7% deficit vs 2021 and 14.7 deficit vs the past 5 year average Near record level of LNG exports to Europe and Asia U.S. natural gas production is below pre-COVID 19 March 2020 levels …

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