Category Supply & Risk Management
The Women’s Energy Network of Atlanta recently hosted a tour of Southern Company Gas’s Cherokee LNG (liquified natural gas) facility in Ball Ground, GA. As LNG continues to play a larger role in the U.S. natural gas market, it was… Continue Reading →
Natural gas has spent this past week trading in a very tight range, not pushing past key resistance levels, or dropping below key support levels. The March contract settled at $2.855 per MMBtu, about a dime below the February settle,… Continue Reading →
Natural gas prices have returned to sub-$3 levels for the remainder of 2019, with only next winter trading just slightly above $3.00 per MMBtu. The February contract settled at $2.950 per MMBtu, 19% below the January settlement and the February… Continue Reading →
To kick off the new year, the natural gas market fully reversed the price rally in November, with above normal temperatures sending near term pricing drastically lower. After ending 2018 with a December settlement of $4.715 per MMBtu, the January… Continue Reading →
The natural gas market has ended 2018 with a bang! After eleven months of settling near or below the $3 average, the December contract settled at $4.715 per MMBtu, the highest settlement since March 2014. Calendar year 2018 averaged $3.086… Continue Reading →
The bullish sentiment has continued to increase in the natural gas market and November’s settlement of $3.185 per MMBtu seems like a minor speed bump in the push to higher pricing. The early arrival of some winter-like temperatures spurred the… Continue Reading →
The bulls have come off the bench and taken control of the natural gas market in recent weeks. After dipping below $2.80 per MMBtu, early in the month, the October contract rolled off the board at $3.021 per MMBtu. This… Continue Reading →
After weeks of natural gas storage reports coming in below expectations, EIA finally reported a weekly storage injection that was higher than expected. Heading into the Labor Day weekend, an add of 70 Bcf to inventory was reported, which was… Continue Reading →
Burton Energy Group was recognized for the fourth time as an ENERGY STAR Partner of the Year: Sustained Excellence this year. We are a proud ENERGY STAR partner, and we wanted to share with you what it takes to receive… Continue Reading →
The natural gas market continues to be competitively priced, as an abundance of production has prevented natural gas prices from rising significantly, while below average storage levels are keeping a floor on pricing. The August contract rolled off the board… Continue Reading →
Natural gas prices have edged back below the $3.00 per MMBtu level. After the July contract peaked at $3.053 per MMBtu during mid-June, the contract finally settled at $2.996 per MMBtu. The average seasonal peak for natural gas is June… Continue Reading →
Natural gas prices for 2018 continue to average below where prices settled during 2017. The June contract rolled off the board at $2.875 per MMBtu, 11% below the June 2017 settlement. For the first half of 2018, natural gas prices… Continue Reading →
Is Spring finally here to stay? Winter was starting to feel like the house guest that had over-stayed his welcome! The colder temperatures appear to have finally pushed out and most of the U.S. is enjoying spring-like weather, and in… Continue Reading →
The April contract moved into the prompt position at $2.686 per MMBtu and rolled off the board at $2.691 per MMBtu. Neither the bulls nor bears have been able to take the reins and drive this market, with 2018 looking… Continue Reading →
As the extreme cold temperatures pushed out, the bears took the reins in the natural gas market and quickly pushed pricing back below $3 per MMBtu. The March contract moved into the prompt position at $3.167 per MMBtu and within… Continue Reading →
The February contract moved into the prompt position with bullish pressure and continued that momentum throughout the month. Below average temperatures across much of the U.S. drove greater demand for natural gas for heating purposes. According to The Weather Channel,… Continue Reading →
Happy New Year and hello Winter! Old Man Winter has decided not to hibernate this year and made his presence very well known to start 2018. December experienced large swings in temperatures, but after a week of warm temperatures and… Continue Reading →
2017 for natural gas is officially in the books! The December contract settled at $3.074 per MMBtu, making the 2017 annual average $3.108 per MMBtu. This year, natural gas prices averaged 26% above 2016, but the December 2017 contract settled… Continue Reading →
As October came to an end, mild temperatures returned, and a healthy storage report sent the November contract to a decline below the September 8th lows, expiring at $2.752 per MMBtu. This was the lowest contract settlement since March of… Continue Reading →
It has been a very active hurricane season in the Atlantic, with Hurricane Irma having the greatest impact on natural gas prices, thus far. As Hurricane Irma made landfall in The Keys and moved up the coast of Florida and… Continue Reading →
Air conditioning units up and down the East and West Coasts were put to the test with the arrival of summer. The West experienced multiple days of temperatures near 120 degrees, while the East also faced above-average, sweltering heat. With… Continue Reading →