Electricity & Natural Gas Weekly Analysis

Electricity & Natural Gas Weekly Analysis

The following is a summary analysis for the week ended Feb 18, 2011.

  • Cold weather moderated throughout much of the country which resulted in a decline in heating demand, and pushed prices down.
  • The NYMEX Henry Hub March contract declined $0.12 closing the week at $3.92 / MMBTU.
  • Working gas in storage sits at 1,911 BCF, approximately 6% below the five year average.
  • According to Baker Hughes the natural gas rig count dropped by 5 units to 906, which is 15 rigs higher than the same time last year.

Natural Gas and Electricity Price Chart


Leave a Reply

Your email address will not be published. Required fields are marked *

Get Rates Now

Complete the form and get commercial electricity rates immediately. Got questions? Call (877) 810-7770.

Talk to a certified energy advisor who can explain your options and answer any questions.

(PRIVACY STATEMENT: We will never share or sell your information.)