Join me @ IBOtoolbox for free.
Mike Grimes
Member Since: 7/21/2011
performance / stats
Country: United States
Likes Received: 1379
Featured Member: 1 times
Associates: 250
Wall Posts: 4704
Comments Made: 353
Press Releases: 1966
Videos: 4
Phone: 877-212-1400
Skype:     mike.grimes52
profile visitor stats
TOTAL: 420348
are we ibo associates?
active associates
Whitney Jacqueline       
Last logged on: 10/20/2018

Athena Gay    
Last logged on: 10/20/2018

Eugenijus Sakalauskas    
Last logged on: 10/20/2018

Lonnie Glosup    
Last logged on: 10/20/2018

Hachi Brahim    
Last logged on: 10/20/2018

Michael Gielfeldt     
Last logged on: 10/19/2018

Sorin Henrik    
Last logged on: 10/19/2018

Curtiss Martin    
Last logged on: 10/19/2018

Stephen Porter     
Last logged on: 10/19/2018

Terri Pattio    
Last logged on: 10/19/2018

Lawrence Bergfeld    
Last logged on: 10/19/2018

My Network    
Last logged on: 10/19/2018

Bruno Duarte    
Last logged on: 10/19/2018

Marlena Burton    
Last logged on: 10/19/2018

nadda nadda    
Last logged on: 10/19/2018

other ibo platforms

Mike Grimes   My Press Releases

Daily energy report

Published on 12/11/2017
For additional information  Click Here


Early Morning Update

The Jan18 natural gas contract is trading up $0.03 at $2.79.  The Jan18 crude contract is up $0.99 at $57.68.


The EIA reported an unusual December build into storage reported, adding 2 Bcf to stocks for the week ending Dec 1, 2017.  The build wasn’t entirely surprising given the mild start to December weather and very high NG production levels.  The prompt NG contract had been down prior to the report and continued it’s downward trend, ending the down at $2.763, $.159 lower on the day.  It is somewhat surprising to see the market sell-off as much as it has over the past week given that weather forecasts are still calling for some cold temperatures along the east coast.  We have seen a sharp sell-off in futures positions among the Managed Money community and perhaps that’s the reason for the fall in prices as it swings from a long position to nearly flat.  Either way, the decline in prices has been impressive.  The backwardation in the market has evaporated and prices for 2018-2021 are essentially flat, with Cal ’18 and Q1’18 seeing their lowest prices for the year. 

Save Money on Reduced Energy Expenses for Years To Come.

We're in it to stay! Our solutions have provided thousands of businesses and homeowners reduced monthly bills, allowing the growth and expansion of their companies and families in ways they could only dream of. Again, if you're using your state default energy provider, we challenge you to choose not to be over charged any longer.

Why pay more for the exact same power? Same Energy, Save Money.

Text energychoice to 21777

Member Note: To comment on this PR, simply click reply on the owners main post below.
-  Copyright 2016 IBOsocial  -            Part of the IBOtoolbox family of sites.