Provident Energy Consulting

Energy Trader

Gulf hurricane threat to natural gas prices does not pose potential issues it once did, analysts say

With Gulf of Mexico gas production down to just 6% of total US output, the traditional bullish threat of supplies being knocked offline has been replaced by the bearish potential for demand destruction as winds and rains shut down power plants, businesses and factories.

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Northeast prices drop as much as 51 cents

Northeast spot natural gas prices dropped as much as 51 cents Thursday as forecast temperatures fell from heat wave levels earlier this week.

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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.

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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

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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.

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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

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