Weekly Market Energy Report: October 4, 2018 - EnergyMark LLC

Weekly Market Energy Report: October 4, 2018

October 8, 2018


Weekly Market Energy Report: Gas Prices Surging on Storage and Weather

Natural Gas

November 2018 futures contracts have climbed 25 cents in the last week to $3.23/MMBtu. Storage levels and weather outlook being the main drivers.

Today’s storage injection of 98 Bcf gave a bit of relief to the market, currently down about 4 cents after being down as much as 9 cents.


Cheap power prices in the real time market have brought the 30 day average down over $5/MWh from last week.

The 12 month electric futures strip is still making its way towards $34/MWh, up another 11 cents from last week. The 24 month trailing by $1.45.


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