From Bloomberg.com: Analysts Predict $7.50 Gas futures are poised to rise to $6 this winter in the U.S. and $7.50 next summer because of slowing output, Allison Nathan and Jeffrey Currie, analysts at Goldman Sachs Group Inc., said in a Sept. 13 report. “We had the major low... [More]

Natural Gas is up 45% from the 7 year low on Septemeber 4th. From Bloomberg.com: Analysts Predict $7.50 Gas futures are poised to rise to $6 this winter in the U.S. and $7.50 next summer because of slowing output, Allison Nathan and Jeffrey Currie, analysts at Goldman Sachs ... [More]

Natural gas remains under $3.00 per Mcf in the prompt months. The lack of demand and amount of storage is keeping prices down (currently 501 bcf above the 5-year average). The EIA (Energy Information Administration) expects NG use to have a decline of 2.4% in total for 2009 and remain flat in 2010... [More]

One of the biggest impacts on Natural Gas prices is speculation by financial firms. This is the OTC market...Over the Counter transactions for natural gas futures contracts. Although futures exchanges place limits and accountability levels on trading today, they don't enforce them. [More]

A bill in the Texas legislature to create a $500 million rebate program for utility-scale and small-scale solar installations – and jumpstart a Texas solar industry – died late on Friday night on a procedural maneuver. [More]

It looks as though two bills aimed at getting Entergy involved in the deregulated Texas energy markets is going to fail...again. They have tried, unsuccessfully, to join the likes of those in the Oncor and Centerpoint services territories who have competitive energy markets, since 2002. [More]

Last week I heard over and over again, "that's it, prices are going to keep going up"! Summer is around the corner and that means prices are going up. In the past, this may have been true...but this is not the past. [More]

Yesterday in Hartford, CT, the state House voted in favor of restructuring the electricity market in Connecticut. The Senate is up next but the opposition to the bill is stiff and it will be a tough battle to get the billed passed. [More]

Will electricity and natural gas prices rise or decrease in 09? How about in 2010? The EIA expects that 09 and 2010 will show increases (unless the economic recovery is slower than expected). [More]

Usually being average or below average isn't necessarily such a good thing. In the case of hurricane reports though, tending on the average to below average side of things is good. Especially if you are in the camp of those who would like to see Natural Gas prices stay low. If you are wondering who is in that camp...if you are an energy purchaser (NG or Electricity) then you are in that camp. [More]