3rd Quarter 2015 Pricing Summary

1 min read

Day Ahead Market Pricing in the North-East markets has touched new lows as the supply of natural gas continues to grow.  Forward Pricing is also trading at historic lows with the 2016 calendar year pricing trading below 2010/2011 actual DAM pricing.  The EIA and various market analysts predict that pricing will remain low with periodic price spikes in the winter as long as temperatures remain mild.  Natural Gas Storage is above the 5 year average for the entire United States but slightly below the 5 year for the Northeast region.  The large inventories of natural gas reflect the large supply of natural gas from fracking as well as the additional storage accumulated as a result of a mild summer.

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