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Energy Market Update: September 6, 2016

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What are some factors that could impact natural gas and electricity prices this winter? 

In the latest Energy Market Update, Tim Bigler — Direct Energy Business Energy Advisor — overviews current 2017 natural gas and electricity prices and highlights potential scenarios that could cause price changes in the months ahead. 

Watch the video below to learn more. 

2017 Regional Natural Gas Prices

Three constrained regions — NE Algonquin, NY Iroquis Z2 and Transco Z6 NY — remain higher than the rest of the country, but are tailing off slightly, due to lower oil prices. Prices at PA/OH Dominion South Point remain well below average as there is a surplus of gas within the region. 

2017 Regional Electricity Prices 

Electricity prices for NYISO remain the highest in the country, but have also tailed off slightly. Prices are lowest at ERCOT and the Northern Illinois Hub with a high penetration of renewables and easy access to natural gas. 

Bullish & Bearish Impacts

Winter weather, solar/wind expectations and overall gas supply could all have an impact on natural gas and electricity prices this winter. 

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: September 06, 2016