Volume 15, Issue 65 May 21, 2018
In this Issue
Get Price Protection for Your Home's Energy Budget
Editor's Note
An Opportunity?
Energy Efficiency
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Editor's Note
An Opportunity?
Weekly review for May 13-19, 2018


On Thursday, the U.S. Energy Information Administration (EIA) reported that working gas in storage as of Friday, May 11, 2018, was 1,538 BCF. This was an increase of 106 BCF from the previous week, in line with the market expectations. Inventories are now 821 BCF lower than last year at this time and 501 BCF below the 5-year average.  

This week the NYMEX natural gas 12-month strip rose 1.8% and the PJM West Hub 12-month forward curve was down 0.1%. Despite the recent price uptick for gas at the front end of the curve (Bal 2018 and 2019), Cal 2020 and 2021 are trading at a discount, continuing the trend as shown in the chart below. The trend may be attributed to producers hedging their expected output as more production becomes available, thereby creating an attractive buying opportunity for those interested in securing prices for 2020 and beyond.  


This past week's market information is provided as a courtesy to our customers and is not indicative of, nor should be relied upon, as representative of future transactions.

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