$1.98 Natural Gas

April 12, 2012

Natural gas below $2- The price of natural gas has fallen below $2 per 1,000 cubic feet for the first time in more than a decade, a remarkable decline for a commodity that not long ago was believed to be in short supply. The U.S. supply of natural gas is growing so fast that analysts […]

Gas Prices Drop on Stockpile Increase

March 9, 2012

Natural gas prices fell Thursday after spring-like weather blanketed much of the country, raising expectations that demand will remain weak. At the same time, supplies have stayed well above year-ago levels. The amount of natural gas in storage in the U.S. fell 80 billion cubic feet to 2.433 trillion cubic feet last week. That figure […]

Midwest Coal Plants to Shut

January 27, 2012

James Lash, head of FirstEnergy’s generation unit, indicated in a press release that a review of the company’s coal-fired plants determined it would not be cost-effective to get the older ones into compliance with environmental regulations the U.S. Environmental Protection Agency announced in December. The new standards are designed to reduce emissions of mercury and other toxic […]

NSTAR 2012 rate 13% higher than EarlyBird Power

January 1, 2012

NSTAR 2012 Basic Service (8.2 Cents) higher than Competitive Electricity (6.5 to 7.5) Cents offered through EarlyBird Power Small Commercial/Industrial and Lighting Customers January 1, 2012 to June 30, 2012Rates A9, B1, B2, B5, B9, C1, C2, C3, 22, 23, 31, 33, 35, 41, 55, 79, 81, 82, 88, 02, 06, 19, 36, 51, 52, 80 […]

U.S. Net Exporter of Fuels

December 2, 2011

For the first time in more than 62 years, the United States will export more petroleum fuel products than it imports into the country. While the United States still imports 8 to 9 million barrels of crude oil a day, declining domestic demand and rising needs around the world have enabled the United States to […]

NGRID Increase- 13% above Competitive Market

November 14, 2011

National Grid has filed its new rates with Mass Dept of Public Utilities.  This rate filing is important in evaluating the value of contracting electricity in the state of Massachusetts.  While this summer, the rates were unusually low, fixed price contracts can benefit customers again.  The following rates were filed: NEMA: G-2 and G-3 Fixed […]

Natural Gas Fueling Station Proposal

November 3, 2011

ATLANTA, Ga., (November 1, 2011) – The Georgia Public Service Commission today took the first step towards incentivizing the construction of a network of Compressed Natural Gas fueling stations around the state. The Commission adopted by a vote of 4-1 a revised plan that allows Atlanta Gas Light Company (AGLC) to use $11.57 million from […]

Renewable Snapshot

October 19, 2011

U.S. Renewables.  Led by conventional hydropower, the total supply of renewables is projected to grow about 14 percent from 2010 to 2011.  EIA expects total renewable energy supply to remain flat in 2012 as the decline in hydropower offsets growth in other renewable energy supply. Because of high levels of precipitation in regions such as […]

Natural Gas lower on storage increase report

September 16, 2011

This weeks storage poll is for week ending 9/9 and reported by EIA on 9/15. Observations:Tropical storm Lee shut-in effects will be reflected in this weeks report. Total weekly supply was lower by about 12.8 bcf due to the storm. Destin pipeline outage further reduced supply.Demand from power generation fell as heat over texas and the south […]

EIA Short-Term Energy Outlook

September 7, 2011

Electricity U.S. Electricity Consumption.  Although cumulative cooling degree-days for 2011 through August for the entire United States were just 2.8 percent higher than the same period in 2010, some regions experienced extreme weather during the past few months.  Record heat in Texas has led to record-setting power demand while Hurricane Irene recently caused widespread power […]