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Mike Grimes
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Mike Grimes   My Press Releases

daily energy report

Published on 4/18/2017
For additional information  Click Here

Daily Market Update April 18, 2017

Apr 18, 2017 

Early Morning Update

The May17 natural gas contract is trading down $0.04 at $3.12.  The May17 crude contract is down $0.35 at $52.30.    

Summary

The natural gas prompt month continued its rocky journey yesterday, as it lost 2% and settled down 6.4 cents at $3.164/MMBtu.  Weather reports point to average to slightly above-average temperatures throughout the heating centers of the country over the next two weeks, erasing much of the lingering heating demand left over from winter.  Production is still lagging nearly 2.0 Bcf/d in comparison to last year’s numbers, despite having increased to an average of 70.8 Bcf/d in April.  An injection of 47 is expected this week, which is higher than historical builds.  Investors are currently holding their largest bullish position in 10 years, fueling confidence in a rising market and beliefs that storage levels may prove to be tight this summer.

Reduce Your Energy Bill

Lowering Your Monthly Bills by Choosing Alternative Energy Suppliers

Commercial Energy Consultants is a national company that provides the best energy saving solutions for businesses and residences to reduce their monthly energy costs. The process is founded around energy deregulation, a shockwave that has begun tearing down the strongholds of non-competitive energy markets around the country. If you are using your state's default energy provider, then you're paying too much money.

Same Energy, Save Money.

It's pretty much that simple. In deregulated states, there are companies ready to offer you lower monthly premiums for the right to give you energy. No changes to your system, no backlash from the incumbent energy providers, no low-quality providers or fly-by-night companies looking to undersell to make a buck. These are real, A+ rated companies that are dying to get your business - and they're ready to offer you a lower monthly bill to do it. Same Energy, Save Money.

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