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Energy Market Update: January 9, 2017

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What are the latest trends with natural gas and electricity prices? 

In the first Energy Market Update of 2017, Tim Bigler — Direct Energy Business Energy Strategist — overviews the current state of natural gas and power markets as we begin the year. 

Watch the video below to learn more. 

Natural Gas Market Update

Volatility is back. The NYMEX natural gas spot price has fallen and climbed several times in the past year. If you are purchasing natural gas for your business, you may want to monitor the markets more closely or seek strategic guidance.

Electricity Market Update

For regional electricity prices, volatility depends on region. Since natural gas and power prices are highly correlated, power prices have often followed natural gas prices. 

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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 09, 2017