Electricity prices fell Thursday morning upon release of the latest natural gas storage report. According to the Energy Information Agency there was a withdrawal of 115 billion cubic feet of natural gas during the week of January 29th. The consensus among insiders was that there would be a draw of approximately 122 bcf. The same. Read the Rest…
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Market Surprised By Yet Another Injection of Natural Gas
Many industry experts had expected to see the first withdrawal of natural gas this morning. But instead of getting the 2 bcf withdrawal that was expected, the first natural gas storage report of December showed an injection of 2 bcf. To put this in perspective, during the same week last year the Energy Information Agency. Read the Rest…
