Weekly Market Energy Report: December 20, 2018 - EnergyMark LLC

Weekly Market Energy Report: December 20, 2018

December 21, 2018


Weekly Market Energy Report: Gas Prices Fall on Mild Weather

Natural Gas

January 2019 contracts fell nearly 60 cents and dropped below $4/MMBtu between Friday and Monday. The prompt month has since struggled to get back to $4/MMBtu.

This morning’s larger than anticipated withdrawal from storage gave the market a boost but it was short lived as this January’s contracts are now down around 5 cents on the day.


Mild weather has provided relief for real time electricity prices in New York. The 30 day average has dropped over $2.50/MWh from last week.

A slight downturn in electricity futures followed the drop in natural gas prices this week. The 12 month strip fell 77 cents to $37.38/MWh.


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