Key Drivers Daily U.S. natural gas production cut back Above average U.S. natural gas storage levels Technical Trader short-squeeze Early start to warmer summer Electric growth from micro chip plants and data centers 40% jump in LNG export capacity in early 2025 Commentary The natural gas and electric wholesale markets is ripe for price volatility […]

Key Drivers Natural Gas storage is 655 bcf higher than the past 5 year average U.S. natural gas producers have reduced supplies to retail market to slow the slide in well-head prices Approaching AC season and forecasted hotter than normal summer likely to bolster prices of NG and electric Future NG and electric growth forecasted

Key Drivers Extremely mild winter Extraordinarily high natural gas storage levels Reduction of daily natural gas production by U.S. producers Fears of higher natural gas domestic and global demand in early 2025 Fears of PJM peak day delivery short-fall Commentary Many of our clients fixed new electric and natural gas agreements in 2021 prior to

In lieu of our normal monthly newsletter we thought we would try and help answer two ongoing business consumer energy questions: Why are energy prices higher than when we last fixed our electric and natural gas contracts a few years ago? When should business consumers look at renewing their energy contracts?   Wholesale natural gas

Key Drivers U.S. natural gas storage is 5% higher than past 5 year average Daily U.S. natural gas daily production is very strong at around 104 bcf/day LNG exports is averaging around 13.5 bcf/day or about 2.5 bcf/day below peak capacity Speculator NYMEX traders low in number as forecasted arriving cold weather gains confidence LNG

Key Drivers Cold and snow arrives in January forecasts Natural gas storage levels are higher than the past 5 year average Near record daily natural gas production levels Speculator “short-sellers” are pushing natural gas NYMEX down   Commentary Your RD Energy team would like to welcome you to 2024.  Once again, we would like to

Right now, both the natural gas and electric energy commodities are fundamentally and technically bearish and wholesale prices are falling sharply.  We are near a January natural gas NYMEX trading support level that if broken could push prices down quite a bit lower.  What is causing this drop and can prices reverse back up this

Key Drivers Temperatures in the Midwest and Northeast LNG export growth U.S. natural gas storage in great shape heading into winter U.S. natural gas production staying consistently strong   Commentary Wholesale energy prices for natural gas and electric bottomed out mid-February after reaching historical peak levels in the Fall of 2022.  Wholesale prices have since