Providing you an analytical snapshot of weekly energy price movements, retail electricity headroom opportunities, and weather trends.
- Financial gas markets moved sharply higher, with the January 2018 NYMEX Henry Hub futures contract rising $0.16/MMBtu, or almost 6%, to close the week at $3.08/MMBtu.
- At the Chicago Citygate, spot prices rose $0.16 to $2.99/MMBtu. Prices at PG&E Citygate jumped $0.22 to $3.19/MMBtu. The price at SoCal Citygate spiked $2.23 to $5.26/MMBtu; Southern California continues to face serious pipeline and storage constraints.
- At the Algonquin Citygate prices fell $0.19 to $3.07/MMBtu. At the Transco Zone 6 point, prices moved $0.04 higher to $3.04/MMBtu. Tennessee Zone 4 spot prices added $0.10 to $2.40/MMBtu. Prices at Dominion South rose $0.14 to $2.56/MMBtu.