by Schork_admin | Sep 19, 2024 | Power & Nat Gas Report
Published on: 2024 Election: The Evolving DNC Energy Policy vs. a Trump Redux In Obama’s America, circa 2012, gas was in vogue!Per the DNC’s 2012 official platform: ➢ “Our dependence on foreign oil is now at a 16-year low, and a new era of cheap, abundant natural gas...
by Schork_admin | Sep 5, 2024 | Power & Nat Gas Report
Published on: When Will Gas Peak For the Winter? The NYMEX natural gas market is notorious for its counterintuitive pricing patterns, with peaks often occurring well before winter’s coldest days. In short, it is the consummate contrarian’s contrarian market....
by Schork_admin | Aug 22, 2024 | Power & Nat Gas Report
Published on: Rare Withdrawal Compounds Market Bearishness Last week, the EIA produced a whopper. For the week of August 9th, L48 underground natural gas storage fell by 6 Bcf to 3.264 Tcf. This is only the fourth time on record that the EIA reported a summer...
by Schork_admin | Aug 1, 2024 | Power & Nat Gas Report
Published on: As illustrated, the market sold off sharply last month. On Tuesday, July 2nd, prices broke through our two initial Support targets and finished at $58.50 (B). The break below our S2 target of $58.92 is significant because 70% of the returns in our...
by Schork_admin | Jul 11, 2024 | Power & Nat Gas Report
Published on: Supply Forecasts Trump Near-Term Demand Drivers This past winter, natural gas prices and implied volatility in the NYMEX futures market exhibited a notable pattern shaped by weather conditions and market expectations. As the heating season approached,...