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New York is becoming boring, at least in natural gas prices
New York was king again for a fleeting moment Monday, when the spot natural gas price for Transcontinental Gas Pipe Line zone 6-New York skyrocketed up $5.91 to average $16.61/MMBtu, becoming at that...
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Gas, fuel and electricity markets sizzle while the Northeast huddles under...
Congratulations to everyone who lives in the Northeast. You’ve survived a ridiculously cold week, and the good news is temperatures could be around 10 degrees above average on Tuesday. Congrats also to...
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The iceman cometh again: winter isn’t over for US natural gas markets
After the wallop of the polar vortex earlier this month that sent US gas demand and US Northeast gas prices soaring to all-time highs, one would think that the worst is over, no? That would be a...
View ArticleBaby it’s cold inside…thanks to…
The recent polar vortices sweeping down from Canada have frozen much of the US to its core over the past month, driving home heating costs through the (drafty) roof, across the Midwest, Northeast and...
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UK natural gas prices slide on warm, wet January weather
While the US has suffered the extreme cold of the polar vortex this winter, across the Atlantic the UK has been experiencing a mild, albeit very wet, season. According to the national forecaster, the...
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Could El Niño boost European gas demand this winter?
The strongest year for European gas demand since the 2008 financial crisis was 2010, a year impacted by the El Niño weather phenomenon. With international weather agencies now identifying the signs of...
View ArticleAsk Hunker Harry: Good weather news is bad news for US steel
Punxsutawney Phil, the famous groundhog who predicts the longevity of the US winter each year, did not see his shadow last week, indicating an early spring. This is only the 18th time in 130 years...
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Northeast US power gen mix still malleable as winter approaches
Winter is around the corner and for regions like the Northeast it can mean a shifting power generation picture. And because the Northeast has increasingly turned to natural gas for its generation needs...
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