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