Early Winter 2021 – 2022 and Natural Gas Forecasts

July 15, 2021

The 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 […]

Gas Pipeline in the Gulf of Mexico Catches Fire

July 6, 2021

An 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 […]

Natural Gas Prices Climb to Highest Since 2018

June 29, 2021

Natural Gas prices this Tuesday 6/29/2021 continued to rally 3.2% higher up to $3.709/mmBtu which starts setting the trend on par with the highest closing price since December 21, 2018. Hot weather patterns this summer are pressuring the price to go higher, combined with investors covering shorts is slowly squeezing the price higher. Over the […]

Fluctuating Natural Gas Prices in Europe as Storage is Uncertain

May 26, 2021

This past week natural gas prices in Europe saw big fluctuations as the U.S said it would not sanction the Russia’s Nord Stream 2 Pipeline project which would provide a steady gas supply but increase Putin’s influence and reach in the region. Storage for the Winter season in the European region was at a record […]