Provident Energy Consulting

Provident Energy Synthesis and Insights

All you need to know from our experts


NYMEX drops; cash slides except in Northeast; power terms drop

Prices generally moved lower Friday, with the NYMEX July gas futures contract down 10.6 cents to settle at $3.771/MMBtu and cash markets reacting to some milder weather forecasts and a smattering of pipeline constraints.

read more

NYMEX, cash slip on storage, cooler forecasts; power terms mixed

After three sessions of gains, the NYMEX July gas futures contract fell 8.6 cents Thursday to settle at $3.877/MMBtu on a moderately bullish storage report and slightly cooler weather in the forecast. Cash prices likewise sank in most regions.

read more

NYMEX inches closer to $4; cash prices rise; power terms rally

After flirting briefly with the $4 mark, the NYMEX July gas futures contract settled at $3.963/MMBtu Wednesday, up 5.8 cents, on supportive weather forecasts. Cash prices likewise rose at most points.

read more

2016/2017 PJM Interconnection Auction Results

Surprisingly high levels of imports combined with a strong showing from new generators and flat demand led to lower-than-expected clearing prices in the PJM Interconnection capacity auction for delivery year 2016/2017, according to analysts.

read more

Spot natural gas prices of $3.50/Mcf to $4.50/Mcf appear to be sweet spot for producers: FERC staff

Spot natural gas prices in a range of $3.50/Mcf to $4.50/Mcf appear to be in a sweet spot for producers where demand is not driven out of the market and production levels are sustained, Federal Energy Regulatory Commission staff said Thursday at FERC's meeting

read more

Lower prices likely in PJM auction: Barclays

Clearing prices in the PJM Interconnection's capacity auction for delivery year 2016/2017 will probably be down from last year's prices, Barclays said in a Monday report.

read more

Lower-48 gas output up 1.3% in February: EIA

Gas production in the Lower-48 states rose 1.3% from January to February, the Energy Information Administration reported Tuesday

read more