National
Energy and GDP: Lowest Impact Since ’70, but Trend will End
According to the latest report from the EIA, US energy expenditures declined for the fifth consecutive year, reaching $1.0 trillion in 2016, a 9% decrease from 2015. Read more
Risk Appetite Report 8/7/18 – 8/13/18
NYISO, ERCOT Buyers Increase Risk Appetite, NEPOOL Drops Read more
With Brattle Report on Coal, Nuclear Bailouts, The Debate Gets Hotter – And The Costs Get Higher
The debate over DOE’s proposal to bail out financially struggling coal and nuclear plants has fueled a sometimes-heated debate. A recent report from the Brattle Group may add gasoline into an already smoldering fire. Read more
Risk Appetite Report 7/31/18 – 8/6/18
NEPOOL Down, NYISO Up, Little Change Elsewhere Read more
Still No Summer Sizzle in CDDs
Cooling Degree Days (CDDs) for the summer season are six percent below the ten-year average. Read more
NEPOOL Customers Shy Away From Risk
The risk appetite gauges above reflect the mix of fixed, flex and index volume that were priced on behalf of customer requests in the period. Total annual MWh priced represents 149,722,919 for customers with peak demand above 750 KWh. Read more
If You’re Looking For Logic In The Natural Gas Price And Supply Picture – Well, Good Luck
For natural gas, it’s been an up and down couple of weeks that haven’t offered a lot of clarity – or made a lot of sense – about the direction prices and supply are taking as the winter season approaches. Read more
Mysteries of the Market: Natural Gas Fights the Law and Wins
Henry Hub natural gas spot prices continue to defy basic laws of economics. Supply continues to show an increasing deficit compared to the five-year average and prices are steadily decreasing. Read more
Traders Continue to Accumulate Nat Gas Length
Big holders of natural gas futures and options continue to increase their overall net long positions according to the latest CFTC Commitment of Traders Report. Read more
Is There a Chill in the Air?
Three of the past four weeks have seen population-weighted Cooling Degree Days (CDDs) across the US that are lower than the ten-year average (775 vs 814). The NOAA prediction for this week (ending Aug 4) is for another week that delivers lower CDDs, about 9 percent below the decade trend. Read more