Weekly Market Energy Report: December 19, 2019 – EnergyMark, LLC – Electric and Natural Gas Supply

Weekly Market Energy Report: December 19, 2019

December 20, 2019

Electricity Futures at Year Lows

Natural Gas

Natural gas futures prices are up slightly from last week. January 2020 futures are up over 4 cents from last week.

Today’s withdrawal of 107 Bcf was larger than expected and dropped total gas in storage to 3,411 Bcf, still 618 Bcf ahead of last year.

Electricity

The 30 day average price of real time power is down from last week over $1/MWh to $23.35/MWh.

Energy futures reached their lowest point in a decade on Monday, reaching as low as $28.37/MWh.

Charts

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Disclaimer
This document is intended for indicative purposes only. All information contained within this report is acquired from third-party sources and EnergyMark makes no representations or warranties, express or implied, as to the accuracy of the information provided herein. EnergyMark is not liable for any actions or decisions made in reliance on the information provided in the report.

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