National
Corona Virus Hits U.S. Nat Gas Markets
Suppliers of U.S. LNG exports may face shut-ins as the knock-on effect of the coronavirus in China hits the North American natural gas market. The virus has led to lower industrial production and ultimately less demand for natural gas across China, providing further downward pressure on prices. Read more
Lower Longer: Major Gas Traders Increase Conviction
In trading lingo, “conviction” equates to a firmly held belief of opinion. Volume is typically an important indicator as it confirms trend directions. Read more
YTD HDDs Are Actually Up
After 15 weeks into this heating season, population-weighted Heating Degree Days (HDDs) are above the 10-year average. Read more
NEPOOL Shows January Demand Bump, Others Fall
Data from EIA shows that NEPOOL was the only region with greater electricity demand year-over-year in January. Read more
Economic Indicators Remain Strong
While the impact of the coronavirus is yet to be measured, most U.S. economic indicators remain strong according to the most recent readings. Read more
BEARISH: Major Traders Increase Long Term View
Larger traders of natural gas futures and options have increased their overall “net long” view to 54% of all positions held according to the CFTC Commitment of Traders Report. Read more
Can You Match the Strips?
Can you match the market with the strip? Read more
40,833
A wrap up of 2019 shows that ENGIE Resources now serves the natural gas and electricity needs of 40,833 commercial and industrial customers in the U.S. Read more
Coal Retirements in Focus
2019 was a watershed year for coal retirements in competitive markets. Pennsylvania saw 2,589 MW go offline while Illinois lost 2,002 MW. Read more
Winter is Far From Over
The Feb 1-14 weather forecast from NOAA shows below normal temperatures ahead for all markets served by ENGIE Resources. Read more