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RD Energy Stay Current Newsletter: December 2022 – High Coal Prices Are Pushing Electric Prices Up!

    Key Drivers Above normal temperature forecasts for the first week of December New higher LNG record exports in November to Europe and Asia Highest coal prices in over a decade Colder temperatures and possible snowstorm in week 2 of December Commentary Fact: Natural gas is the key driver of electric prices.   False: The …

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RD Energy Stay Current Energy Newsletter:  November 2021

  Key Drivers Weather forecasts – revised colder and warmer almost daily Dutch TTF gas futures for Europe and Asia trading 5X higher than U.S prices LNG exports to Europe and Asia 2021 rebound of U.S. natural gas production – moderate Commentary FACTS:  Natural gas prices and therefore electric prices have jumped 200% since the …

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RD Energy Stay Current Newsletter: October 2021  So Hot AC Load Is Back

  Key Wholesale Energy Market Drivers Natural Gas prices in Europe and Asian are trading 7X greater than U.S. U.S. Natural Gas storage deficit versus 2020 is at 500 BCF October 2021 will likely be the warmest October on record in the U.S. adding extra cooling demand Commentary  The average natural gas NYMEX price for …

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RD Energy Stay Current Newsletter Special Edition: Electric & Natural Gas Prices Surging Over 250%

Electric & Natural Gas Prices Surging Over 250% Businesses’ that paid $.33/ccf last winter could be paying $.73/ccf this winter.   Manufacturers who were quoted fixed rates at .037/kWh for multiple terms earlier this year will be seeing rates around $.047/kWh  Commentary  Natural Gas NYMEX is rising fast and furious.  September NYMEX settled for the month …

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RD Energy Stay Current Newsletter: Energy Markets Gets Hit With One Two Punch, But No Knockout!

  Key Wholesale Energy Market Drivers Natural gas U.S. storage deficit continues to grow week after week Hurricane Ida plows through Gulf area shutting down production Onshore processing plants possibly lose power for weeks Will U.S. natural gas storage deficit grow beyond expected 500 bcf shortfall Electric cooling degree day drops substantially beginning Sept in high …

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RD Energy’s Stay Current Newsletter: April 2021

  Key Drivers January – April 2021 NYMEX natural gas prices are averaging more than 40% higher than the same four months one year ago Short-term NYMEX prices rise and fall with the changing weather forecasts Long-term: NG storage levels, NG production levels, AC demand & LNG exports will drive NG and electric wholesale prices Commentary …

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