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Energy Market Update: October 31, 2016

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What factors are currently influencing regional natural gas and electricity prices?

In the latest Energy Market Update, Tim Bigler — Direct Energy Business Energy Advisor — overviews 2017 natural gas and electricity prices. 

Watch the video below to learn more. 

2017 Henry Hub Natural Gas Prices

Liquefied natural gas (LNG) exports, Mexico and industrial demand are all forecasted to increase in 2017. 

2017 Natural Gas Prices

Those areas which are constrained in the winter all have higher prices. NE Algonquin, NY Iroquis Z2 and Transco ZG NY are all above the $3.50 mark. PA/OH Dominion South Point is significantly lower than other regions. 

2017 Electricity Prices

Prices in ATC NYISO are higher than other regions, partly due to rebounding oil prices.  

For additional energy market news and information, please visit our Market Insights page and 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: October 31, 2016