Category
Energy at Work
Similar to most businesses, Burton Energy Group has been dealing with the demands of the COVID-19 pandemic in a number of different ways. Most employees worked from home for an extended time earlier this year, and the Burton team was… Continue Reading →
After experiencing some price volatility in early May, natural gas prices have experienced an overall decline and returned to more of a sideways trading pattern, as the market attempts to digest the continuing changes in supply and demand. The June… Continue Reading →
Direct Access (DA) is a retail service where customers behind PG&E, SDG&E, and SoCal Edison can purchase electricity from a competitive third-party provider, called an Electric Service Provider (ESP), rather than from a regulated electric utility. Is Direct Access a… Continue Reading →
Natural gas prices have been on a wild ride these past couple of weeks. After a steady increase, based upon news of a dramatic decrease in oil production and therefore, a decline in associated gas production, the prompt month surpassed… Continue Reading →
The majority of Burton employees work in our office every day and appreciate the ability to interact with their team and others, on a regular basis. During this pandemic and the shelter-in-place order that was previously implemented in Georgia, the… Continue Reading →
Economic uncertainty has been weighing on all markets, as the effects of COVID-19 have been shuttering businesses and overturning industries, resulting in employee furloughs and lay-offs. The energy commodity markets have been focused upon the oil market and its ability… Continue Reading →
While the financial markets have been whipsawing this week amid the news of the spread of Coronavirus, bearish pressure on the commodity markets has intensified. As oil prices have tumbled into bearish territory, there is concern across the market of… Continue Reading →
On a recent trip to San Francisco, I had the opportunity to do a few things the city is famous for – going to Fisherman’s Wharf, riding a cable car, seeing Chinatown, etc. – and all while helping multiple facilities… Continue Reading →
Most people never think twice about their water meter. At best, they know it is has a brass body with a plastic cap located somewhere outside the house. At worst, they think “What’s a water meter?”. Although we know water… Continue Reading →
This year, Punxsutawney Phil took his place on Gobbler’s Knob and did not see his shadow. According to legend, this indicates an early spring in on the way. Meteorologists don’t always agree with Punxsutawney Phil, but this time, AccuWeather meteorologists… Continue Reading →
One of the cornerstones of Burton’s energy management approach with our clients is implementing a basic set of energy savings best practices across their portfolios. These best practices have been compiled over the years and are based on the experience… Continue Reading →
A new year, a new decade, and it’s the natural gas bears that are celebrating. The January 2020 contract settled at $2.158 per Dth, its lowest level since January 1999, following the lowest summer gas prices in 20 years. Typically,… Continue Reading →
Since early November, natural gas prices have continued to slide. A significant change from this time last year, the December contract settled at $2.470 per MMBtu, nearly 48% below the December 2018 settle. Throughout the month of November, natural gas… Continue Reading →
The eastern half of the United States is starting to experience or is bracing for below-average temperatures and our first real taste of winter temperatures. The Midwest and Northeast have already been experiencing colder temperatures, but next week is expected… Continue Reading →
Last month, natural gas prices were rising and the October contract was pushing $2.50 per MMBtu. At month’s end, the October contract settled at $2.428 per MMBtu, but market sentiment has turned bearish. Natural gas prices have declined 16 of… Continue Reading →
One of my favorite pastimes is watching reruns of the Andy Griffith Show. This comedy first aired in the 1960s starring Andy Griffith as a small town sheriff in the fictitious town of Mayberry. The show was loosely based on… Continue Reading →
Natural gas has experienced an uptick in pricing, after experiencing multi-year lows in July, off the backs of record level production and average temperatures. The September contract rolled off the board at $2.251 per MMBtu, a 5% increase from the… Continue Reading →
Natural gas demand is at record highs, but prices continue to fall. Earlier this week, natural gas prices dropped to three-year lows while supply growth continues to outpace increasing consumption. The August contract settled at $2.141 per MMBtu, 6.5% below… Continue Reading →
As everyone knows, the arrival of summer means not only longer days and warmer weather, but higher energy costs due to increased air conditioning loads. In fact, energy costs are typically much higher during the summer than any other time… Continue Reading →
The natural gas market has been relatively complacent in recent weeks, while traders kept a close eye on the weather forecast. Tropical Storm Barry has returned some bullish sentiment back into this market, along with a forecast of above normal… Continue Reading →
Natural gas prices settled at a three-year low this week, after another robust storage injection. The U.S. Energy Information Administration (EIA) reported an injection of 119 Bcf for the week ending May 31st, which well surpassed analysts’ expectation of 109… Continue Reading →