pArticles - Energy Market Summary

pArticles – Energy Market Summary – Natural Gas Prices Remain Flat

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The Scoop

Warm temperatures drove a healthy injection of 67 Bcf and caused prices to stay flat. The nation averaged 58 degrees or 2 degrees above normal.

Strategy – The summer predictions (see chart below) are predicting warmer than normal temperatures.  Spring is a good buying opportunity as the winter gave us a break.  Natural gas production was down 3% from last winter.  If this winter would have been normal or below normal temperatures in the northeast, all pricing would have jumped significantly.

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