Business Electricity Rates in Texas : May 25, 2011 Summary: Business electricity traded sideways most of last week,with natural gas opening at $4.609/mmbtu and closing on Friday at $4.618/mmbtu. The announcement of the newly approved LNG project as reference in the previous post. Business electricity rates are looking a bit bullish, particularly in 2014 and. Read the Rest…
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3 Critical Factors That Could Rock Electricity Markets in the Next 90 Days
Tracking the natural gas market is the key to understanding electricity price trends. There are those that rely solely on a technical view, and others who lean on their own fundamental analysis. At Live Energy we look at both. In addition to the every day analysis, every once in a while there are certain events. Read the Rest…
Business Electricity Prices Hold At Support
Business electricity prices continue to hold at support with Natural Gas (NGOCT 10) closing yesterday, down 4.6 cents to $3.76 / mmbtu on the Nymex Henry Hub. Between August 26 and Sept 10, we have traded in a range between $3.95 and $3.69. Yesterday saw storage come about where we expected it to at net. Read the Rest…
Texas Electricity Prices Uncertain
We started the the week off with a burst of cold weather, and a spike in natural gas prices. Many of the headlines touted a possible market bottom as we witnessed the first markedly cold weather in Texas. But Tuesday saw the market lose it’s momentum, with natural gas closing down 8.4 cents at $4.53. Read the Rest…
