EarlyBird News
Baker Administration Favors Banning Residential Enrollments with Retail Suppliers
July 29, 2021Governor Baker’s administration yesterday showed support for bill S 2150/H 3552 that would ban residential accounts from enrolling with a competitive energy supplier. This policy would not affect residences under municipal aggregations which opt-out of those programs. The proposed law would go into effect on January 1, 2022, explicitly stating: “no supplier, energy marketer, or […]
Henry Hub Prices On the Rise
July 21, 2021Today the Henry Hub Natural gas futures increased around 1.7% to $3.94/mbtu due to increased demand in regional and global gas markets, also led by higher temperatures in Western, Midwestern, and Southern U.S. Expected temperatures from the 90 – 100F this coming week are expected to result in a strong demand for natural gas. Additional […]
Early Winter 2021 – 2022 and Natural Gas Forecasts
July 15, 2021The most recent forecasts for the 2021 Winter Season point to above average amounts of late-season snowfalls and below average temperatures. As natural gas prices climb to their highest since 2018, it will be very important to see how these conditions turn out. Given existing constraints in the natural gas market at this time a […]
DOE Announces $52.5M Investment in Hydrogen Technologies
July 7, 2021Alongside renewables, Hydrogen fuels will be very valuable tools in the clean energy transition. 30% of the total Greenhouse Gas emissions come from the Transportation sector, of which 90% of the fuel used is petroleum based. Hydrogen can be used to offset this large portion of emissions directly when used as a fuel for transportation, […]
Gas Pipeline in the Gulf of Mexico Catches Fire
July 6, 2021An underwater natural gas pipeline owned by Mexican PEMEX ruptured this last Friday next to a drilling platform. A pit was created in the middle of the water around 5:45 AM Friday as the pipeline caught on fire while boats hurried to put it out by spraying it with water. The fire was extinguished after […]