Energy Prices Rebound
Natural Gas
After two down days and a larger than anticipated injection of gas into storage, October 2019 contracts have fallen over 10 cents.
After yesterday’s injection of 84 Bcf, total gas in storage is now 3,103 Bcf, 12% higher than this time last year.
Electricity
The 30 day average price of real time power has fallen more than $3/MWh since lat week, now down to $20.74.
Electricity futures are down from last week. The 12 month strip is down $1.83/MWh, the lowest it has been since May of 2018.
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.
