Direct Energy Business
Market Data For Your Home Contact Us

Energy Market Update: December 5, 2016

read | Share:

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. 

To have the latest energy market news and information delivered straight to your inbox, sign up for our Daily Market Updates.

—

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

© 2020 Direct Energy. All Rights Reserved. Direct Energy and the Lightning Bolt design are registered trademarks of Direct Energy. (DC PSC License No. EA-04-4-4; EA-13-12; GA-13-03-1; NJ BPU License Nos. ESL-0165, ESL-142, GSL-0145, GSL-0128; MD PSC License Nos. IR-437; IR-2697; IR-3123; IR-3108; PUCT Cert. No. 10011; Direct Energy Business, LLC CT PURA License Nos. 12-03; 00-05-14RE01; MA DPU License Nos. CS-021; GS-052; CS-108; GS-051). Products and services vary depending on region or market. Direct Energy Business is an affiliate of Direct Energy Services, which is the licensed gas supplier in Michigan. If you decide to enroll your small business with Direct Energy, your gas contract will be with Direct Energy Services.
Privacy & Legal

Norton Secured
35.175.113.29