pArticles - Energy Market Summary

pArticles – Energy Market Summary – Lock up Long Term

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The Scoop– Prices rose last week due to the 5th week in a row of below normal injections and warmer weather models.   

Strategy Advice (See Below Chart) The EIA raised its price projections for ’18. Consumption growth prediction is 1.8% higher than ’17 mostly due to a colder winter assumption. Also, rising LNG exports due to Cove Point Maryland facility & Cheniere’s Sabine Pass 4th train being fully operational. This year is the year to lock up long term.  

 

 

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