Market Monitor Blog
Your home for commercial electricity and natural gas market news—covering market factors like supply, demand, regulatory affairs, weather, and more.
Einstein Bros.© Bagels Transitions to Low-Carbon Energy Diet
Einstein Noah Restaurant Group, Inc. today announced a retail renewable energy agreement with ENGIE Resources LLC. Read more
Ohio: Battleground State for Energy
ENGIE Resources is proud to sponsor the Manufacturer’s Education Council and its 24th Annual Ohio Annual Energy Management Conference. Read more
Nat Gas Market Continues to Stay Irrational
As per the EIA natural gas storage report last week, U.S. inventory has a four-week simple moving average (SMA) surplus of 215 bcf versus the five-year average and the SMA four-week Henry Hub NYMEX benchmark is $1.90/mmbtu over the period. Read more
Breaking Down Natural Gas Breakeven Price
Prices keep falling and production is not. Where is the floor for U.S. natural gas prices? Read more
Some Green on the Screen
The latest week-over-week trend direction from Stephen Schork, CTA, shows a mixed bag of bullish and bearish bias in competitive power markets. Read more
Risk Appetite Broken Record Warning!
Energy procurement professionals are happy right where they are. The appetite for risk across markets served by ENGIE has been rock steady for several weeks. Read more
Einstein Bros.® Bagels Goes on Low Carbon Energy Diet
Einstein Bros.® Bagels, the largest bagel retail company in the U.S., has turned to ENGIE Resources for a retail renewable energy contract. Read more
U.S. Nukes Abnormally Available
As if a mild winter, ample production and inventory, and reduced demand for exports isn’t enough to put downward pressure on natural gas and ultimately electricity prices, the U.S. nuclear complex has been abnormally available. Read more
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