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Weekly Energy Market Update: January 11, 2016

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How is colder winter weather affecting U.S. energy prices?

In the Weekly Energy Market Update for January 11, 2015, Tim Bigler — Direct Energy Business Energy Advisor — discusses how the weather is currently impacting natural gas prices, electricity prices, and natural gas withdrawals. 

Natural Gas Prices

According to recent price data, national natural gas prices seem to be segmented by regions currently impacted by colder winter weather. 

Electricity Prices

Electricity prices have followed a similar pattern for the past few weeks, reflecting the correlation with winter weather and natural gas prices. 

U.S. Natural Gas Storage

The U.S. Energy Information Administration (EIA) has reported increased natural gas withdrawals from storage, partly due to colder temperatures than usual in the southern United States. 

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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: January 11, 2016