pArticles - Energy Market Summary

pArticles – Energy Market Summary – Above Normal Temperatures Kept Demand Down

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The Scoop

(Reference: EIA) See the chart below as prices stayed relatively flat this week, which led to a healthy injection of 54 Bcf.  This is due to the continued above normal temperatures, which have kept demand down.

Strategy – Spring is a good buying opportunity since the winter gave us a break as natural gas production was down 3% from last winter.  If this winter would have been normal or below normal temps in the northeast, all pricing would have jumped significantly.

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