Interview with Trip Doggett, President and CEO of Ercot about the events in Texas during the week of January 31, 2011.
Electricity Rates Blog
Analysts Expect a 26 BCF Injection of Natural Gas Into Storage
With cold weather leading to an increase in heating demand, analysts expect a the Energy Information Agency to report a draw of approximately 26 billion cubic feet of natural gas from storage. This estimate falls short of the average five year draw for this week of 36 BCF. Assuming the actuals are in line with. Read the Rest…
Another Large Natural Gas Injection Expected
Analysts are predicting that the Energy Information Agency will report another large injection of natural gas into storage tomorrow. Estimates were as high as 76 BCF and as low as 54 BCF. If the median estimate of 67 BCF is accurate, then we will be close to the historically high levels we saw last fall.. Read the Rest…
Are Energy Rates Primed to Explode in Coming Weeks?
This is a special post to address a widely misunderstood aspect of the energy market that business electricity and natural gas users must understand, if they are going to successfully avoid potentially massive rate increases on the horizon. The elections in November, the lame duck congress, and potential introduction of new monetary policy are just. Read the Rest…
Commercial Electricity Rates Drop on Large Natural Gas Injection
Last year at this time only 23 BCF was injected into storage. This week, analysts expected an 88 BCF build, but instead we saw a whopping 93 BCF. This was enough to send the markets lower again this morning. The prompt contract NG Nov 10, was down over $.15 cents to $5.37 per MMBTU. I have been. Read the Rest…
