Energy Market Intelligence

Temperatures ease, helping gas and power prices move lower in most markets.

TrueMarket Update

Providing you an analytical snapshot of weekly energy price movements, retail electricity headroom opportunities, and weather trends. 

General Update

gen07172018
  • Financial gas markets hardly moved, with the August 2018 NYMEX Henry Hub forward contract losing $0.01, less than 1%, to close the week at $2.84/MMBtu.
  • Physical gas markets were mixed. At the Chicago Citygate, prices slipped $0.01, less than 0.5%, to $2.75/MMBtu. The price at SoCal Citygate jumped $1.16 (more than 30%) to $4.60/MMBtu, likely due to recent record-high temperatures in Southern California. At the Algonquin Citygate, serving the greater Boston area, prices fell $0.48 (15%) to $2.70/MMBtu. Transco Zone 6, NYC, prices dropped $0.14 (4%) to $2.92/MMBtu.
  • In the Mid-Atlantic, Tennessee Zone 4 Marcellus prices traded $0.08 (3.6%) lower to close at $2.09/MMBtu. Prices at Dominion South gave up $0.17 (7%) to $2.17/MMBtu yesterday.

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Power curves slip in Texas and Chicago, trade higher in the Mid-Atlantic and Northeast.

TrueMarket Update

Providing you an analytical snapshot of weekly energy price movements, retail electricity headroom opportunities, and weather trends. 

General Update

gen07032018
  • Financial gas markets trended lower, with the August 2018 NYMEX Henry Hub forward contract falling $0.09, roughly 3%, to close the week at $2.82/MMBtu.
  • Power prices were mixed with modest increases in the Northeast and PJM, minor declines in COMED and more significant weaknesses in ERCOT prices.
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Power curves trended up across eastern markets; nation-wide heat wave continues, however some rain may tamper the above normal heat.

TrueMarket Update

Providing you an analytical snapshot of weekly energy price movements, retail electricity headroom opportunities, and weather trends. 

General Update

gen07032018
  • NYMEX August 2018 contract rose approximately $0.02 week over week, with the July contract expiring at $2.99/MMBtu.
  • Spot prices rose slightly across the US based on predictions of hotter than normal weather. Henry Hub increased $0.05 to $3.00/MMBtu while Chicago Citygate prices rose $0.06 to $2.83/MMBtu.
  • California prices continue to be volatile due to infrastructure constraints, with both PG&E (Northern California) and SoCal (Southern California) Citygates dropping $0.06/MMBtu.
  • Northeast prices also rose with Transco Zone 6 (NYC) gaining $0.22/MMBtu and Algonquin (Boston) rising $0.09 to $2.81/MMBtu.
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Power curves post modest losses in PJM, NY and New England; ERCOT prices continue lower but at a slower pace.

TrueMarket Update

Providing you an analytical snapshot of weekly energy price movements, retail electricity headroom opportunities, and weather trends. 

General Update

gen06262018
  • Financial gas markets slipped $0.08/MMBtu, roughly 2.5%, to close the week at $2.94/MMBtu. Physical spot gas markets were mixed. At the Chicago Citygate, prices rose $0.04 (1.5%) to $2.77/MMBtu.
  • Prices at the SoCal Citygate in Southern California jumped $0.43 (almost 13%) to $3.79/MMBtu, largely due to unseasonably warm temperatures.
  • At Boston’s Algonquin Citygate prices rose $0.22 (9%) to $2.72/MMBtu. At New York’s Transco Zone 6 point prices ticked just $0.01 higher to $2.80/MMBtu.
  • Prices in the Marcellus basin (Mid-Atlantic) continued to move higher. At the Tennessee Zone 4 point prices rose $0.16 (8%) to $2.19/MMBtu. Prices at Dominion South added $0.02 (<0.5%) to $2.31/MMBtu.

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Most power curves post incremental gains on warming temperatures; ERCOT curves continue to trade lower.

TrueMarket Update

Providing you an analytical snapshot of weekly energy price movements, retail electricity headroom opportunities, and weather trends. 

General Update

gen06192018
  • The NYMEX Henry hub contract for July 2018 rose $0.14/MMBtu, a gain of roughly 5%, to close the week at $3.02/MMBtu. Physical spot gas prices were mixed. At the Chicago Citygate, prices rose $0.06 (2.2%) to $2.73/MMBtu.
  • Warmer temperatures drove higher power burn demand in California; SoCal Citygate prices jumped $0.54 (19%) to $3.36/MMBtu, while prices at PG&E Citygate, serving the Northern California area, ticked just $0.05 (1.5%) higher to close at $3.00/MMBtu.
  • At the Algonquin Citygate, serving the greater Boston area, prices slipped $0.01 (<0.5%) to $2.50/MMBtu, and Zone 6 prices for NY added $0.12 (4.5%) to $2.79/MMBtu yesterday. In the Mid-Atlantic, prices at Dominion South dropped $0.07 (3%) to $2.29/MMBtu. Tennessee Zone 4 Marcellus spot prices fell $0.06 (2.8%) to $2.03/MMBtu yesterday.
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Forward curves mixed on regional variation in temperatures; ERCOT trades lower, PJM and Northeast tick higher.

TrueMarket Update

Providing you an analytical snapshot of weekly energy price movements, retail electricity headroom opportunities, and weather trends. 

General Update

gen06122018
  • Financial gas markets ticked modestly lower with the July 2018 NYMEX forward contract falling $0.03/MMBtu, roughly 1%, to close the week at $2.93/MMBtu.
  • Physical gas spot prices were mixed as temperatures moderated in some parts of the country. At the Chicago Citygate, prices added $0.01 (<0.5%) to $2.67/MMBtu. Prices at PG&E Citygate, which serves customers in the Northern California area, dropped $0.08 (2.5%) to $2.95/MMBtu. The price at SoCal Citygate, serving Southern California, fell $0.34 (almost 11%) to $2.82/MMBtu. Continuing supply constraints are adding to SoCal Citygate price volatility.
  • At the Algonquin Citygate, serving the greater Boston area, prices ticked $0.03/MMBtu lower (about 1%) to $2.51/MMBtu. Transco Zone 6, serving New York City, prices gave up $0.05 (about 2%) to $2.67/MMBtu. Key Marcellus (NY) pricing points showed large increases. Tennessee Zone 4 prices jumped $1.02 (95%) to $2.09/MMBtu, and pricing on the Transco-Leidy Line (Mid-Atlantic) experienced similar gains. Prices at Dominion South, also serving the Mid-Atlantic, fell $0.04 (1.5%) to $2.36/MMBtu.
  • Additional takeaway capacity entered service at several key points along the Marcellus (NY) area gas infrastructure (most notably the Rover Mainline and Transco elements), bringing additional demand to the system.

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Warmer than average temperatures in store for most of the country. Power curves are mixed with modest losses in PJM and sharp declines in ERCOT.

TrueMarket Update

Providing you an analytical snapshot of weekly energy price movements, retail electricity headroom opportunities, and weather trends. 

General Update

  • Financial gas futures finished the week modestly higher with the July 2018 NYMEX Henry Hub contract up $0.02 (less than 1%) to close the week at $2.98/MMBtu.
  • Physical gas spot prices were mostly lower. At the Chicago Citygate, prices decreased $0.08, or 3%, to $2.66/MMBtu. Prices at PG&E Citygate, which serves customers in the Northern California area, ticked $0.01 (less than 0.5%) lower to $3.03/MMBtu. The price at SoCal Citygate (Southern California) jumped $0.70, or 28%, to $3.16/MMBtu. Ongoing supply constraints are contributing to SoCal price volatility.
  • At the Algonquin Citygate (greater Boston area) prices rose $0.11, or 4%, to $2.54/MMBtu. Transco Zone 6 (New York City) prices fell $0.15, or 5%, to $2.72/MMBtu. Tennessee Zone 4 prices dropped $0.10, or 8.5%, to $1.07/MMBtu, while prices at Dominion South (Mid-Atlantic region) added $0.17, or 7.5%, to $2.40/MMBtu.
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Summer temperatures spread, pushing power curves higher from Texas to New England. System maintenance outages drive spot gas price increases.

TrueMarket Update

Providing you an analytical snapshot of weekly energy price movements, retail electricity headroom opportunities, and weather trends. 

General Update

gen05292018
  • Warming temperatures pushed power curves and financial gas futures higher. The NYMEX Henry Hub contract for June 2018 delivery traded $0.05/MMBtu higher, a gain of roughly 7%, to close the week at $2.91/MMBtu.
  • At the Chicago Citygate, prices rose $0.26 (10.5%) to $2.74/MMBtu. Prices at PG&E Citygate, serving Northern California customers, rose $0.14 (5%) to $3.04/MMBtu. SoCal Citygate (Southern California) prices fell $0.57, almost 19%, to $2.46/MMBtu.
  • Northeast prices were generally higher due to pipeline maintenance. At the Algonquin Citygate (greater Boston area) prices rose just $0.03, about 1%, to $2.43/MMBtu. At the Transco Zone 6 (New York City) point prices rose $0.55 to $2.87/MMBtu.
  • In the Mid-Atlantic Region, Tennessee Zone 4 prices rose $0.40 (52%) to $1.17/MMBtu and Dominion South prices added $0.04 (2%) to $2.23/MMBtu. Price increases resulted from maintenance-related flow constraints on the Millennium, Columbia Gas Transmission, and Texas Eastern Transmission pipeline systems.


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Unseasonably warm temperatures in the South move gas futures higher; spot gas prices and power curves are mixed.

TrueMarket Update

Providing you an analytical snapshot of weekly energy price movements, retail electricity headroom opportunities, and weather trends. 

General Update

gen05152018
  • Financial gas markets ticked modestly higher, with the June 2018 NYMEX Henry Hub contract rising $0.03, roughly 1%, to close the week at $2.83/MMBtu.
  • Physical gas spot prices were mixed. At the Chicago Citygate, prices rose $0.07, about 3%, to $2.48/MMBtu. Prices at PG&E Citygate, which serves customers in the Northern California area, added $0.13, or 4.5%, to $2.90/MMBtu largely due to pipeline maintenance work that will last through the end of the month.
  • SoCal Citygate (Southern California) prices fell $0.09, about 3%, to $3.03/MMBtu yesterday. The SoCalGas system is also experiencing systemic capacity constraints, but overall demand fell last week due to moderating temperatures.
  • At the Algonquin Citygate (greater Boston area) prices rose $0.13, or almost 6%, to $2.40/MMBtu. The Algonquin pipeline system is also undergoing maintenance, which is impairing capacity. Transco Zone 6 (New York City) prices dropped $0.37, more than 13%, to close at $2.32/MMBtu. In the Mid-Atlantic region, Tennessee Zone 4 Marcellus spot prices collapsed $0.95, or 55%, to $0.77/MMBtu, while Dominion South rose $0.08, almost 4%, to $2.19/MMBtu.

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Physical gas prices fall on warming temperatures. Power curves and natural gas futures move higher.

TrueMarket Update

Providing you an analytical snapshot of weekly energy price movements, retail electricity headroom opportunities, and weather trends. 

General Update

gen05152018
  • Financial gas futures and power curves moved higher as warmer temperatures spread across much of the country. The NYMEX Henry Hub June 2018 contract rose $0.11/MMBtu, roughly 4%, to close the week at $2.71/MMBtu. Physical spot gas prices, on the other hand, moved lower as the warmer conditions reduced heating-related demand for natural gas.
  • Prices at the Algonquin Citygate fell $0.35, almost 14%, to $2.27/MMBtu. Transco Zone 6 prices slipped $0.07, about 2.5%, to end the week at $2.69/MMBtu. Marcellus area prices also fell on lower demand. The price at Dominion North lost $0.10, or 4.5%, to $2.10/MMBtu. Prices at the SoCal Citygate dropped $0.50, almost 14%, to $3.12/MMBtu.


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