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Energy Market Update: October 3, 2016

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What impact could a mild winter have on natural gas prices? 

In the latest Energy Market Update, Tim Bigler — Direct Energy Business Energy Advisor — discusses how warmer temperatures may or may not affect natural gas prices in the months ahead. 

Watch the video below to learn more. 

Power Burn Leads Natural Gas Demand 

With record high temperatures, peak and off-peak natural gas demand have both increased in recent years. While a mild winter could cause a decline in natural gas prices, other factors such as increased power sector and industrial sector demand as well as expanded liquefied natural gas (LNG) exports might prevent another price crash. 

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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: October 03, 2016