Volume 16, Issue 14 May 13, 2019
In this Issue
Maryland Legislators Aim to Extend Commitment to Renewable Energy
Editor's Note
Power and Gas Prices Change
Carbon Reduction
8 Positive Steps for Improving Air Quality
Local Heating Degree Days*
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Editor's Note
Power and Gas Prices Change
Weekly Review May 5 - May 11, 2019


On Thursday, the U.S. Energy Information Administration (EIA) reported that working gas in storage as of Friday May 3, 2019, was 1,547 BCF. This was an increase of 85 BCF from the previous week, close to market expectations. Inventories are now 128 BCF higher than last year at this time, and 303 below the 5-year average.

Overall this week, NYMEX natural gas prices were up slightly for Bal2019 and 2020 but down for 2021 and 2022. This is the same pattern we're seeing when we compare this year’s prices to last year’s.

The 12-month strip (Jun19-May20) was up 0.4%. PJM West Hub power prices were down this week but remain higher than they were one year ago for most terms. For the week, the 12-month strip (Jun19-May20) was down 1.8%.

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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