Energy clients should be on the lookout for buying opportunities over the next couple of months as a big portion of the 2018-2019 winter is now in the rearview mirror. Near term futures prices have come off significantly from recent highs as the natural gas storage inventory deficit has ... Read Full Post
Wondering when to lock in your energy supply contract? Although there is never really a “perfect time” to buy energy (which is why it’s important to always be monitoring energy prices), shoulder months often present good buying opportunities. And that time is coming in the Northeast – ... Read Full Post
The early cold weather had a significant impact on prices with the prompt gas month reaching almost $5.00/MMBtu in November. Storage withdrawal reported for the week ending November 16 was well above expectations at 134 Bcf. The storage inventory deficit has grown to 19% versus the 5 year ... Read Full Post
We are off to a bumpy start this winter. Cold weather last week pushed the NYMEX natural gas price past the highs previously set early this year during the January cold snap. Prices surged to almost $5.00 per MMBTU. As we have pointed out repeatedly in recent Usource energy updates, the natural ... Read Full Post