After record demand caused by wild weather, the warming spring months promise a bit of reprieve as demand and supply move toward equilibrium. For now, upward pricing pressures are moderated by production quantities.
After record demand caused by wild weather, the warming spring months promise a bit of reprieve as demand and supply move toward equilibrium. For now, upward pricing pressures are moderated by production quantities.
Due to increased output from renewable energy resources, SoCal Edison is debuting a host of rate changes in 2019.
After record demand caused by wild weather, the warming spring months promise a bit of reprieve as demand and supply move toward equilibrium. For now, upward pricing pressures are moderated by production quantities.
February’s Polar Vortex proved no match for U.S. Natural Gas, with prices falling and production hitting an all-time high. The unexpected outcome illustrates the broader volatility affecting the 2018-2019 winter season.
Direct Access is the program in PG&E, SCE, and SDG&E territories that allows commercial customers to procure electricity from a competitive supplier rather than the utility.
The new year offers weather-driven price volatility and lower-than-normal storage figures.
A perfect storm of 15-year low inventories and cold temperatures have created price rallies that hit four-year highs – all while production records continue to be hit.
Despite low storage levels, the EIA expects strong growth in U.S. natural gas production to put downward pressure on prices in 2019. Meanwhile, a warm winter forecast through the New Year is keeping price hikes at bay in the short term.
LNG Limited has delayed its investment decision of the Magnolia LNG export terminal in Louisiana due to China’s 10% tariff on U.S. LNG, which took effect September 24, 2018. It will be escalated to 25% in January 2019, in retaliation to U.S. tariffs. The company is hoping trade wars will settle in 2020 and will then reevaluate the multi-billion dollar project.