Category Energy at Work
After polar vortex conditions overwhelmed Texas and the central U.S. during mid-February, electric and natural gas prices are returning to previous levels. While the daily market experienced the bulk of the volatility, forward electric and gas prices did feel the… Continue Reading →
Carbon disclosures are difficult. Finding the raw data for energy, fuels, and fugitive emissions require compiling data from many sources within a corporation that typically don’t have reason to keep records integrated, much less in a format that lends itself… Continue Reading →
The past few weeks have brought about quite a bit of uncertainty in the energy markets. President Biden has signed a number of Executive Orders, some of which were aimed at the energy industry, and colder than normal temperatures are… Continue Reading →
An electric supply rate is made up of multiple components. The cost of energy makes up the largest component, but the cost of capacity can be the second greatest cost component. In many deregulated markets, a capacity market exists, to… Continue Reading →
It has been more than a decade since natural gas prices averaged as low as they did in 2020. Looking back, spot prices at Henry Hub averaged $2.05 per MMBtu and NYMEX, which trades natural gas futures, averaged $2.077 per… Continue Reading →
As the motto of House Stark from “Game of Thrones” might suggest, Winter is Coming. As the calendar turns from Halloween to Thanksgiving, and then to Christmas, the weather becomes colder and invariably the question may be asked “Why didn’t… Continue Reading →
To say that this year has been a year like no other seems like an understatement. It almost comes as no surprise, that even the weather has been setting new records. Hurricane Delta became the fifth hurricane to make landfall… Continue Reading →
Since the attacks on the United States nineteen years ago, energy independence became a greater priority. Over the past years, we have become energy independent and the world’s leading producer of petroleum and natural gas. The upcoming election could determine… Continue Reading →
Natural gas prices have soared to their highest levels since December 2019, driven by slowing production, extreme heat in certain areas, and strong demand. The August natural gas contract settled at $1.854 per MMBtu and the September contract moved into… Continue Reading →
Since the beginning of the Covid-19 Pandemic, utilities across the country have been providing a significant amount of financial assistance to customers, both residential and commercial. This help has been given in a few key ways: Suspending service disconnections Waiving… Continue Reading →
The month of July has ushered in record heat across the U.S. and is on track to be one of the hottest months, since 1950, when EIA began keeping records. ERCOT (Texas) set a new peak demand record for July,… Continue Reading →
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 →