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Energy Market Update: December 5, 2016

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What is impacting natural gas and electricity prices? 

In the latest Energy Market Update, Tim Bigler — Direct Energy Business Energy Strategist — examines the potential factors that are currently affecting natural gas and electricity prices. 

Watch the video below to learn more. 

Natural Gas Prices (2017-2021 on NYMEX)

2017 natural gas prices are significantly higher than other calendar strips. 

TWO CFTC Sectors

The natural gas producer merchant end user sector has been selling natural gas futures contracts while the managed money sector has been buying more, which has likely supported prices. 

2017 Regional Power Prices

2017 regional power prices are generally increasing, which is partially due to decreased natural gas in storage and surging oil prices. 

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Tim Bigler, Senior Market Strategist at Direct Energy Business, is a 30+ year veteran of the U.S. natural gas, electric, and oil market.

Posted: December 05, 2016

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