GSE Consulting Blog

As the end of 2009 approaches, many businesses are asking what is in store for energy prices moving into 2010.  As we experienced in Q4 of 2009, U.S. economic indicators are now having a greater impact on energy commodities than fundamental (supply & demand) data.  This trend is expe... [More]

GSE Market Summary Natural gas prices hit an 11 month high yesterday – inventories have declined due to cold weather throughout Midwest/East.  Crude has dropped off to $70 this week from a peak of $82 in early November and a low of $46 in March.  Crude has been trending up mo... [More]

From Bloomberg.com: Analysts Predict $7.50 Gas futures are poised to rise to $6 this winter in the U.S. and $7.50 next summer because of slowing output, Allison Nathan and Jeffrey Currie, analysts at Goldman Sachs Group Inc., said in a Sept. 13 report. “We had the major low... [More]

Natural Gas is up 45% from the 7 year low on Septemeber 4th. From Bloomberg.com: Analysts Predict $7.50 Gas futures are poised to rise to $6 this winter in the U.S. and $7.50 next summer because of slowing output, Allison Nathan and Jeffrey Currie, analysts at Goldman Sachs ... [More]

Natural gas remains under $3.00 per Mcf in the prompt months. The lack of demand and amount of storage is keeping prices down (currently 501 bcf above the 5-year average). The EIA (Energy Information Administration) expects NG use to have a decline of 2.4% in total for 2009 and remain flat in 2010... [More]

One of the biggest impacts on Natural Gas prices is speculation by financial firms. This is the OTC market...Over the Counter transactions for natural gas futures contracts. Although futures exchanges place limits and accountability levels on trading today, they don't enforce them. [More]

A bill in the Texas legislature to create a $500 million rebate program for utility-scale and small-scale solar installations – and jumpstart a Texas solar industry – died late on Friday night on a procedural maneuver. [More]

It looks as though two bills aimed at getting Entergy involved in the deregulated Texas energy markets is going to fail...again. They have tried, unsuccessfully, to join the likes of those in the Oncor and Centerpoint services territories who have competitive energy markets, since 2002. [More]

Last week I heard over and over again, "that's it, prices are going to keep going up"! Summer is around the corner and that means prices are going up. In the past, this may have been true...but this is not the past. [More]

Yesterday in Hartford, CT, the state House voted in favor of restructuring the electricity market in Connecticut. The Senate is up next but the opposition to the bill is stiff and it will be a tough battle to get the billed passed. [More]