National
What Would Fracking Ban Look Like?
As major U.S. elections draw closer, fracking bans are floated and gaining headlines. Are there reliable projections of what such a ban would do to natural gas prices? Read more
Natural Gas Not on Tight Schedule
“Tight” supply demand balances typically bring high prices and volatility. As of last week’s draw of 44 bcf from U.S. natural gas in storage has confirmed the bear for many. The EIA reports that stocks are 521 bcf higher than last year at this point. As a result, spot prices continue to languish just… Read more
Big Apple Box and Whisker
Data from 2015 – 2019 shows that NYISO Zone J sees the highest day ahead prices in January and February. Read more
NYISO Zone J: The Most Volatile Five-Year Strip
The Around-the-Clock calendar strip for NYISO Zone J is the most volatile compared to other major markets served by ENGIE Resources. Read more
Will Middle East Turmoil Impact Local Energy Markets?
Until the advent of major U.S. shale plays circa 2008, the relationship between WTI crude oil spot prices and the Henry Hub natural gas benchmark moved in unison. Read more
PMI Tumbles to Lowest in Decade
The Institute for Supply Management Purchasing Managers’ Index fell to 47.2 in December from 48.1, the fifth straight month of contraction. Read more
Cold Weather Met by Colder Gas Prices
Eight weeks into the winter heating demand season (Nov-Mar) and population-weighted Heating Degree Days (HDDs) are 13% above the 10-year average. Read more
$2/mmbtu Forecast Looks Credible
In September, analysts at IHS Markit predicted a continued surge in U.S. natural gas production and prices (adjusted for inflation) that are the lowest since the 1970s. Read more
ISO New England Forecasts Capacity Margin Shortfalls
ISO New England has published its 2019 Regional System Plan which forecasts annual energy use and peak demand for a 10-year horizon. Read more